Highlights

  • Over 27 startups have fired employees in 2022
  • Unicorns layoff employees as cash flow worries emerge
  • Funding runs dry for startups as global liquidity tightens

Latest news

IPL plan B prepped, BCCI awaits clearance

IPL plan B prepped, BCCI awaits clearance

Indian Navy responds strongly in Arabian Sea

Indian Navy responds strongly in Arabian Sea

India shuts 24 airports amid war fears

India shuts 24 airports amid war fears

Indian Navy attacks Ormara, Karachi with INS Vikrant

Indian Navy attacks Ormara, Karachi with INS Vikrant

Cardinal Robert Prevost is elected at the Conclave and will be called Pope Leo XIV

Cardinal Robert Prevost is elected at the Conclave and will be called Pope Leo XIV

Pakistan accepts losing two of their J-17 fighter jets

Pakistan accepts losing two of their J-17 fighter jets

Sirens Sounded In Chandigarh, Blackout Enforced

Sirens Sounded In Chandigarh, Blackout Enforced

OTT platforms asked to remove Pakistan-origin content amid rising Indo-Pak tensions

OTT platforms asked to remove Pakistan-origin content amid rising Indo-Pak tensions

Over 10,000 people fired as startup sizzle starts to fade

Gurugram-headquartered social commerce startup CityMall latest addition to the firing squad

Video Player is loading.
Current Time 0:00
Duration 0:00
Loaded: 0%
Stream Type LIVE
Remaining Time 0:00
 
1x
    • Chapters
    • descriptions off, selected
    • captions off, selected

      The startup squad has turned into a firing squad as over 10,000 employees have been laid off by the 'up-and-comers' of India Inc. As per a report by Inc42 more than 10,000 Indian employees working across 27 startups were let go just this year in 2022.

      Also read/watch| You could have an e-passport by the end of this year, Thanks to TCS

      As the funding winter hits this summer, unicorns such as Vedantu, Cars24, Ola, Meesho, MPL and Unacademy have all laid off employees as they 'restructure'.

      In May alone, layoffs by 9 startups were reported impacting 3,379 employees. So far, June has seen layoffs by 10 startups.

      ADVERTISEMENT

      Up Next

      Over 10,000 people fired as startup sizzle starts to fade

      Over 10,000 people fired as startup sizzle starts to fade

      Global stock market indices: How the world markets performed today - 05 May 2025

      Global stock market indices: How the world markets performed today - 05 May 2025

      Indian stock market sector-wise performance today - May 5, 2025

      Indian stock market sector-wise performance today - May 5, 2025

      NSE Nifty 50: Top 5 stock losers of May 5, 2025

      NSE Nifty 50: Top 5 stock losers of May 5, 2025

      Top 5 Nifty 50 gainers today – May 5, 2025: Biggest stock moves

      Top 5 Nifty 50 gainers today – May 5, 2025: Biggest stock moves

      Global stock market indices: How the world markets performed today - 02 May 2025

      Global stock market indices: How the world markets performed today - 02 May 2025

      ADVERTISEMENT

      editorji-whatsApp

      More videos

      Indian stock market sector-wise performance today - May 2, 2025

      Indian stock market sector-wise performance today - May 2, 2025

      NSE Nifty 50: Top 5 stock losers of May 2, 2025

      NSE Nifty 50: Top 5 stock losers of May 2, 2025

      Top 5 Nifty 50 gainers today – May 2, 2025: Biggest stock moves

      Top 5 Nifty 50 gainers today – May 2, 2025: Biggest stock moves

      Majority of iPhones sold in US will be made in India in June quarter: Apple CEO

      Majority of iPhones sold in US will be made in India in June quarter: Apple CEO

      Sensex, Nifty surge in early trade on hopes of India-US trade deal, FII buying

      Sensex, Nifty surge in early trade on hopes of India-US trade deal, FII buying

      Global stock market indices: How the world markets performed today - 01 May 2025

      Global stock market indices: How the world markets performed today - 01 May 2025

      Indian stock market sector-wise performance today - May 1, 2025

      Indian stock market sector-wise performance today - May 1, 2025

      Top 5 Nifty 50 gainers today – May 1, 2025: Biggest stock moves

      Top 5 Nifty 50 gainers today – May 1, 2025: Biggest stock moves

      Global stock market indices: How the world markets performed today - 30 April 2025

      Global stock market indices: How the world markets performed today - 30 April 2025

      Indian stock market sector-wise performance today - April 30, 2025

      Indian stock market sector-wise performance today - April 30, 2025

      Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.