E&Y graduates in limbo

6pc of Ernst & Young’s graduate applicants who had their place confirmed
for September have been informed they will now have to wait until Spring 2009.

Tumultuous market conditions have been cited as the cause of the delay, as
the credit crunch bites and corporate finance roles are impacted in particular,
Telegraph reported.

The paper suggested the intake might be offered different jobs in tax.

An Ernst & Young spokesman said none of the graduates has had their
offers withdrawn.

‘The vast majority of those impacted have already accepted one of the
alternative options,’ the spokesman said.

Further Reading:

The Telegraph story

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