Found out an intern was rerecruiting, not going to give full-time offer?

Currently a summer intern, and I'm already networking for full-time just in case. I heard from my analyst buddy who's at another bank to watch out, since someone he knew got screwed over. Said the kid was a summer analyst who was doing pretty well, but someone found out from a contact from another bank that he was talking with them, and decided not to give him a full-time offer because of that. Does this really happen? I've only been doing it because some full-time positions are already open so I figured it wouldn't hurt to network, but does it actually hurt?

3 Comments
 

What are you supposed to do just wait two weeks until the end of the internship is over just to be told by your recruiter that you didn't get a return offer. By that point it's mid-late August and most apps are already carrying out first round interviews.

 

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