Over 100 Indian startups laid off more than 15,000 staff this year: Report – Live Mint

More than 15,000 employees were laid off by roughly 100 Indian startups in 2023 as funding winter persists. According to data sourced from Layoffs.fyi, cash strapped Byjus sacked 2,500 of its staff in the second round this year. The edtech startup s founder Byju Raveendran pledged his home to raise funds for paying salaries to his employees.