Over 4.5k startup employees lose jobs since July
Indian startups have seen over 4,500 job cuts since July last year, driven by a ban on online real-money gaming and a shift towards profitability. Investors now favor lean teams, with AI-first companies leading this trend. Companies are strategically hiring, focusing on essential roles and cost optimization, especially as some eye IPOs.🕒 1 min read
Indian startups have seen over 4,500 job cuts since July last year, driven by a ban on online real-money gaming and a shift towards profitability. Investors now favor lean teams, with AI-first companies leading this trend. Companies are strategically hiring, focusing on essential roles and cost optimization, especially as some eye IPOs.
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