Layoff 2024 In India

Layoff 2024 In India. Since the onset of the funding winter in 2022, an estimated 37,264 employees have been laid off by at least 130 indian startups. Notably, india played a crucial role in the global tech industry’s layoffs in 2024, accounting for a substantial 16% of the total.

Over 8k job cuts worldwide, around 600 indian professionals impacted in july tech sector worldwide, and in india, continued to be. Experts warn of permanent job losses due to ai and economic factors.