Honestly, an era of hiring MBAs who aren't relevant is over.

It could be white collar recession, but mostly it's firms (tech, F500, etc) don't really do MBA hiring they used to do, which was hiring someone who has no relevant experience but an MBA degree somehow offsets that.

This era is over. Right now consulting hiring has not fully come back, IBs fill the spots with A2A or other laterals, and tech don't hire MBAs. I don't think we'll ever see firms going to hire MBA kids like the past. They have chosen work force who have relevant experience. At least this is what I have been hearing from class of 2023, 2024.