
I'm sure it varies across the company, but on my team, the internships were very paid very well (for an internship), and were often offered permanent positions after 3 or 6 months. Interns were given a lot of time and space to learn and find project that were interesting to them, but the ones who did well and went on to permanent jobs were ones who really jumped in and made contributions as if they were regular team members, and took a lot of ownership over their projects. On my team, I think half of them people had started out as interns.
They are mostly paid and some have even been hired after interning here.
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