2023’s Tryst With Layoffs

It looks like the sun may be setting on the year of 2023. And while there have been tumultuous developments this year and AI seemed to be the prevailing theme of the year, some may forget another key trend: layoffs. How bad was it? There seems to be a relentless funding winter that casts a gloomy silhouette on the Indian startup ecosystem. And that led to a transition from The Great Resignation To The Great Layoffs in 2023. Even Mark Zuckerberg called 2023 “The Year Of Efficiency”.

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