‘I’m heartbroken’: Wave of layoffs begins as start-ups fight for survival - Sydney Morning Herald

Some start-ups have been forced to cut as much as half of their staff as rising interest rates and a worsening outlook make it harder to raise cash.

Punishing market conditions have forced a wave of Australian start-ups to lay off staff, with a raft of high-profile companies making employees redundant to save cash and delay the need to raise fres… [+2196 chars]

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