J.P. and Goldman Recruiting Cycle Changes

Hi everyone,

As a second year I'm trying to get a grasp on the upcoming recruiting cycle for IB this year as the change with JP and GS has slightly confused me. Before the change all of the banks were set to recruit around the same time, Spring 2019 with offers being for Summer 2020. Now, JP and GS would be recruiting in Fall 2020 for Summer 2020. Considering that, what impact would the changed recruiting cycle for those two firms have on applying overall? If you wanted to apply to MS for example, that timeline would be much earlier than the two firms that switched their timelines and offers would come likely before you could even apply to the two firms. Would this mean that in the case of getting an offer or even in general, you wouldn't even have the opportunity to apply to JP or GS? Also, in a hypothetical case that say you want to apply to just JP, would that require you basically skipping out on all of the other firms that have their recruiting in the spring and putting all of your eggs in the fall basket? I'm not sure whether or not this layout for recruiting will force us into making a choice to apply to one set of firms over the other two, obviously there is no guarantee that you get an internship from the Spring cycle but hopefully what I'm trying to get at is clear. How different does this make the recruiting process and is there a recommended approach that anyone may propose? Any advice would be appreciated.

Thank you all in advance for the help!