Over 22k Techies Lose Jobs In Us, More Than 12k In Indian Startups
The Free Press Journal|July 04, 2022
As the tech and startup sector gets hammered by economic meltdown, more that 22,000 workers in the sector have lost jobs in 2022, along with more than 12,000 in the Indian startup ecosystem.
Over 22k Techies Lose Jobs In Us, More Than 12k In Indian Startups

Startups, especially the ones who benefited from a pandemic boom, are feeling the pressure as valuations, particularly at the late stage, have started to dip, according to Crunchbase. Startups now say it is much more difficult to raise new funding in this gloomy environment.

This story is from the July 04, 2022 edition of The Free Press Journal.

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This story is from the July 04, 2022 edition of The Free Press Journal.

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