Its a thing, but its in no way the norm. The college students I taught at a mid-tier university pretty much all expected to find work before graduation and expected that would be the only time they would need to job hunt. I had a couple students that seriously considered extending their education into graduate school just because they hadn't had much luck in finding a job by the end of their junior year. Switching companies isn't the death sentence for your career like it once was, but it is not the norm outside of a few select industries that are hurting for talent. You'll almost certainly be taking a pay cut in pretty much every other industry.
> The college students I taught at a mid-tier university pretty much all expected to find work before graduation
They can expect whatever they like but I'll bet at least a portion of them will end up disappointed. Things are not what they were.
Select industries maybe - my point was that job-hopping, headhunted or not, is not the universal poison it once was, and as a GP purported it to be. It's still more taboo than in the west, yes. But it's not career suicide and the taboo weakens year by year, as it should. Kicking and screaming and all that...
