Startups laid off 18,000 employees in 2022; Udaan, Ola, Oyo saw the most senior-level exits

This time last year, Indias startup ecosystem was counting unicorns. Now, its tallying layoffs. According to data compiled for us by Longhouse Consulting, 52 of Indias new-age companies sacked almost 18,000 employees between them in 2022. Shockingly, almost half of these took place at just 15 edtech companies as Covids retreat battered the sector. Read… Continue reading Startups laid off 18,000 employees in 2022; Udaan, Ola, Oyo saw the most senior-level exits