Job losses continue to mount across startup ecosystem
Several startups laid off or furloughed employees and contract staff in April and May, besides imposing salary cuts to save cash, with revenues taking a hit.
Small startups and well-funded unicorns in various sectors such as online food delivery, hospitality and tourism, and mobility, are downsizing or streamlining operations to cut costs as demand remains muted due to the coronavirus outbreak and the ensuing lock
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