At halfway mark, more technology sector layoffs in 2023 than in 2022

Bengaluru is worst-affected among cities, even as it continues to top start-up fundraising

More people working in India’s technology industry have lost their jobs in the first six months of 2023 than the corresponding period in 2022.

A total of 10,774 employees have been laid off in the first six months this year in India, according to data from Layoffs.fyi, a website tracking job cuts in the technology sector. This is nearly two-thirds more than 6,530 job losses over a similar period in 2022.

The website collates information on layoffs from media reports. While not an exact indicator of job losses, it gives a broad sense of the employment situation. Investors have reduced