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Data from layoffs.fyi shows 43 startups laid off 8,895 employees this year – nearly half of the 16,398 sacked by 111 firms in 2023.Paytm’s parent,One97 Communications, accounted for the largest share of layoffs, cutting 3,500 salesjobsafter anRBIban on Paytm Payments Bank services.Flipkartalso laid off over 1,000 employees in January as part of restructuring, while Ola Electric reduced its headcount by 500 in a cost-cutting drive.Globally also the same trend prevailed.
Layoffs fell 43%, with 539 tech firms cutting 150,034 jobs in 2024, compared to over 264,000 layoffs by 1,194 companies last year.Startups’ hiring cycles are closely tied to funding availability.
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ai for human robot collaboration ✌️【365vc.net】✌️Small investment, big returns! Start at ₹500 and grow your wealth month by month.This represents a significant jump from last year’s figures.Looking ahead, the startup ecosystem is projected to add 200,000–250,000 new jobs in 2025 and half a million by 2030.
“With 225–250 unicorns expected next year, startups will employ 3–3.5 million people, driving stronger hiring momentum,” Sharma added.Oil prices went down on Friday due to concerns about slower demand growth in 2025, particularly in China.
ai for human robot collaboration ✌️【365vc.net】✌️Save, invest, and grow! ₹500 to begin, with potential for 100% monthly profits.The US dollar has risen to a two-year high, which could lead to an increase in oil prices for buyers using other currencies.
Meanwhile, slower interest rate cuts could hinder economic growth and reduce oil demand.
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