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.
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.
