Bank boss says the Gen Z job crisis is real—they did what society asked, got degrees, and still face rejection: 'They’re not built to withstand that'

A City executive is drawing attention to the hamster wheel of job applications Gen Z faces when trying to break into the job market.

A former Deutsche Bank managing director and now vice chair of the London Foundation for Banking and Finance, Quentin Nason, has slammed the impossible application process for fresh-faced graduates—or as he puts it, a “meat grinder.”

“Job listings that stayed open for a month last year are now closing within hours,” he wrote in a LinkedIn post . “ Barclays reportedly shut its graduate intake five hours after opening because applications flooded in.”

He’s seen the issue up close up through City Pay it Forward, a UK program that helps high school and university students pursue careers in finance, and he concluded that the system is broken. And other