Layoffs: Indian startups sack 18,000 employees in 2022

A total of 17,989 employees were fired by 52 companies in industries including e-learning, consumer services, e-commerce, health technology, logistics, fintech, enterprise technology, media and entertainment, agri-tech, and cleantech.

15 edtech companies— Byju’s, Unacademy, Vedantu, Byju’s-owned WhiteHat Jr. and Toppr, Practically, FrontRow, Lido, Invact Metaversity, Yellow Class, Teachmint, Lead, Udayy,, and Eruditus —were responsible for almost 44% of the layoffs.


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