We, at a large Dutch bank, also do have 20+ interns but 0 positions for them in IT department. Leadership is projecting that if you do well in internship then you'll be hired. But no interns were hired in last 2 years...
People have been asking the executive class this for a long while now: why don’t you care about training? Their response has ever been silence or threats or that’s what school is for. Do it on your own time, after the 50+ hours we demand from you. Some places get it and had a proper pipeline to train. A vast majority do not. And now they give us this. Great bunch of folks.
Basically the idea is become a senior at your own expense. Work for years without pay and only then get a job if and only if the new AI models by that time hasn't made mid or senior level engineers redundant as well.
How exactly are people supposed to reach a senior level if they aren't allowed to be junior developers first?