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Should I take this internship up knowing full well that a PPO interview won't be possible before Day Z?
It usually depends on openings and vacancies (based on attrition and expansion of work).
For 2024 batch, I’ve seen few PPOs being given as late as last month April.
So, it’s not that SAM won’t hire at all after Day-0 but the possibility is highly randomised depending on the above mentioned factors.