Year in Review: How Indian startups grappled with layoffs in 2024

The year witnessed notable layoffs, with numbers ranging from a few hundred to a few thousand, at companies like Ola Electric, Paytm parent One 97 Communications, Byju’s, Swiggy, and Flipkart. Startups cut about 11,250 jobs during the January-June period this year, as per data from executive search firm Longhouse Consulting.