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In deep red! Indian startups lay off over 28,000 employees in 2023

[ad_1] New-economy companies in India have laid off over 28,000 employees in the first three quarters of 2023. These layoffsare a result of major restructuring by startups to conserve cash and prioritize essential operations. The data, shared with ET by Longhouse Consulting, reveals that startups have been significantly affected this year compared to the aggressive…

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