Will Even Second-Tier Jobs be Difficult to Land in FT Recruiting?

With several interns who would normally have gotten offers left without offers and companies reducing headcount, how competitive will "second-tier" jobs like big 4 tas and valuation at Duff and Phelps be?

I heard the big 4 except for EY gave all interns full time offers, so I imagine very limited spots, if any, for big 4 tas/valuation. For the few full-time spots, I imagine IB interns from places like Jefferies who did not convert mostly due to headcount issues will be competing for very limited spots. Other valuation shops may have not extended automatic offers like the big 4 and may have a few more open positions. For example, I saw HL FAS postings on Handshake. Still I imagine these positions will be extremely competitive this year when normally someone capable of winning an SA position at a solid bank could easily get these positions.

If even valuation and TAS jobs will be competitive, will audit and FP&A jobs actually become somewhat competitive? Remember big 4 (except EY) gave auto full-time offers and most people will likely accept. However, most F500 companies tend to hire more full-time and will definitely have openings. Unfortunately, these companies will not give you many points for having a perfect GPA from a target or boutique IB/PE internships. These companies may even see you as "overqualified" and possible favor someone with more "relevant experience" like an accounting internship at a F500 over a SA at a mm the interviews have never heard of.

However, I think a someone capable of getting an SA even at a solid bank can land a F500 or big 4 audit job at a minimum. There are also a few banks who will still hire full-time too. The people who have a good resume (i.e. 3.5+ GPA from a top 50 school and one to two okay internship like accounting at a local tax firm) who might normally get F500 positions could be left in the dark however.

I would like to hear everyone take on FT recruiting for "second-tier" jobs.