Startups lay off 6,000 employees in October-December 2022 and 4,000 in January 2023

  • Startups have laid off 6,000 employees between October-December 2022 and 4,000 in January 2023.
  • Investors have tightened their purse strings due to the global economic volatility.
  • Companies such as Byju’s, Swiggy, and Ola have either slowed down hiring or resorted to firing employees.
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