Indian technology companies sacked more staff this year than in 2022

Ed-tech, food-related firms are among the sectors which have been worst affected

Rahul Jain (name changed), a 25-year-old who worked with a digital transformation and automation startup based out of Bengaluru, saw greater job uncertainty lately amid lower funding and the economic downturn.

“In December, when four experienced people were laid off, I lost trust in the company and started looking for jobs immediately,” said Jain. His company skipped paying salaries for a couple of months.

He is no longer working there. And this is not an isolated case.

Indian technology companies have laid off more people this year than they did in 2022.

A total of 14,418 employees have lost their