Revolut | Firm causes HR furore by ditching candidates days before start date

We’re now truly into Autumn, and along with it comes a whole new generation of young professionals entering the workforce. Yet unlike generations before them, these youngsters are coming into their careers at an extremely volatile time in the history of work.

We’ve seen the collapse of innumerable firms over the past few years, and with inflated operating costs and a talent crisis biting, young people must come equipped with agility and resilience.

For one group of young would-be professionals, September started with a devastating blow. Those accepted onto graduate programs by fintech key player Revolut, looking to work in the traditionally lucrative finance industry, found just days before starting their roles, that the company rescinded their offers.

Part of a major cost-cutting plan coined ‘Project Prism’ (as reported by the FT) was an extremely last-minute U-turn on the next generation of talent to enter the firm, reportedly in a move to protect itself from economic downturn.