5 Startup Sectors With 10000+ Layoffs In 2023

5 Startup Sectors With 10000+ Employee Layoffs In 2023

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Edtech clocked in 40% of all layoffs during the year out of which, BYJU’S accounted for 1/4th.

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The Consumer services sector came second on the list accounting for 13% of all the layoffs of the year.

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A surprise appearance as it contributed 10.3% of all layoffs this year.

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Fintech accounted for 9.2% of the total layoffs of the year.

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Ecommerce accounted for 8.4% of total layoffs of the year.

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2023-Year-In-Review: Startup Layoffs of 2023

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How 2023 again became a year of exits:

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5 Startup Sectors With 10000+ Employee Layoffs In 2023

Edtech clocked in 40% of all layoffs during the year out of which, BYJU’S accounted for 1/4th.

Edtech

The Consumer services sector came second on the list accounting for 13% of all the layoffs of the year.

Consumer Services

A surprise appearance as it contributed 10.3% of all layoffs this year.

Enterprisetech

Fintech accounted for 9.2% of the total layoffs of the year.

Fintech

Ecommerce accounted for 8.4% of total layoffs of the year.

Ecommerce

2023-Year-In-Review: Startup Layoffs of 2023

How 2023 again became a year of exits: