Show me the money: Start-ups hit the brakes on hiring, e-commerce worst hit

Start-ups have hired fewer people in 2017 so far, with the drop in recruitment in the past few months ranging from anywhere between 10 per cent to 50 per cent depending upon which recruitment agency you ask, reported The Economic Times on Monday. 

E-commerce, logistics, grocery and food delivery start-ups have been the worse hit, reported the financial daily. These segments have typically been home to large recruiters, according to recruitment firms, but a prolonged scarcity of funds has muted hiring activities, the report added. The only segment which seems to have come out relatively unscathed is