There's no such thing as a threshold imo. Perhaps if you apply online there is a most likely a sorting algorithm based off of prestige of university/GPA/hierarchy of majors to toss out applicants early but I'm not sure that kind of info can be divulged. You can almost be sure that a company has different criteria than what appears online though.
More important than any of this is true ability. I have been given opportunities to interview far before anyone has known my GPA and once you have an interview you have a shot. There's no such thing as a GPA cutoff to get a job.
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