Startup layoffs cross 10,000 mark as companies restructure, attempt to reduce cash burn amid funding... - Moneycontrol

This comes after a year of aggressive hiring by startups and high employee costs as tech salaries skyrocketed in 2021. Startups led the tech hiring and talent war in a year that saw immense investor interest and multiple rounds of fundraises by these companie…

Layoffs across Indian startups have crossed the 10,000 mark as companies struggle to raise funds and are finding ways to reduce their cash burn to survive the funding winter. More than 10,500 Indian … [+2324 chars]

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