TCLA Vacation Scheme Applications Discussion Thread 2022-23

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A well-known US firm just informed me that they've filled their VS places, and I can now only interview for a place on the reserve list. For context, my interview is scheduled for this week.

I applied early-December, they offered me the interview in mid-December, and I took the earliest available date for my interview. For a rolling firm with a deadline in late January, I thought this would be ok. I've spent time doing mock interviews, researching the firm and preparing so much. This has just devastated me as I felt I had the best chance of being successful there and have put so much time into my preparations. I understand they recruit on a rolling basis, but this one really hurts.

Is there even a point in interviewing now? Does anyone know if people commonly drop out of VSs?
I am in exactly the same position (having been offered an interview in December for next week). I’m so so so gutted and quite annoyed.
 
I was thinking about the big tech layoffs and with Goldman Sachs thinking of cutting staff also. Was wondering if anyone would be interested in discussing this if I made a thread as am interested in hearing about this and the commercial implications for tech companies. I don't know much about this so would love to other people's perspectives on this.
 
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