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Startup layoffs: Over 20K employees lose jobs globally, India and US top list

Shortpedia

Content Team
Image Credit: latestly

As VC money disappears amid economic slowdown, tech startups have laid off over 20,000 employees the world over since April, while more than 8,000 employees have lost jobs at the Indian startups led by edtech platforms. According to layoff aggregator Layoffs.fyi, at least 20,514 people have lost their jobs at tech startups globally since April globally and the US is leading the race.