2026 Summer Internship (BB, JP / GS) projected Return Offer rates?

I'm joining a BB this summer in IBD (JP / GS) and I wanted to get an opinion on RO offer rates. 

I came across the following guidance given in eFinancialCareers:

Converting this year's internships into full time graduate jobs could be hard. "They will be lucky to get an offer at all this year," says one managing director, speaking off the record.

This is because, in the estimation of Debasish Patnaik, a senior partner at Quantum Black, McKinsey's AI consulting arm, banks are preparing to cut their teams of juniors by two thirds. Graduate intakes "will shrink", Patnaik informed Bloomberg this week.

"The pyramid structure will look very different in two years," he predicts, referring to banks' hierarchies. "In the future it will be one junior per MD."

Source: Link

I'm not sure though what the word is on the floor. At least for the bank I'm interning at, I still see them hiring A1s and A2s laterally for a number of coverage groups and products so I would assume they aren't going to cut as deeply as reported. 

Also, I am aware that Claude tokens and AI costs have skyrocketed, hence the potential need for AI companies to exit for an IPO, and as such, AI costs are going to likely exceed human costs in terms of analyst classes.

What is the word from people on the floor? Curious to know!

Good luck to everyone this summer!