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...
How exactly are people supposed to reach a senior level if they aren't allowed to be junior developers first?
If no one will employ you to formally give you a verifiable senior title, how exactly is that supposed to happen?
That's basically what this field is turning into.