University degrees become "irrelevant" to employers

This article claims that university degrees become "irrelevant" to big employers.
The move apparently comes as smaller employers are shifting away from hiring graduates or university students, believing kids are coming out of university with "no real skills" or simply being taught the wrong things.
http://www.news.com.au/finance/work...s/news-story/8a0340dd2b8e70e35b8ce3302c8d0cc5

So, what would be the future of education?...

University degrees become "irrelevant" to employers