15 startups that have cut jobs in 2020

Jun 9, 2020

The year 2020 has been brutal on the startup industry. The coronavirus pandemic has hurt a large number of startups, the never-before-seen situation has resulted in revenues touching zero for a lot of these companies. The finding squeeze and dark economy looming ahead has made cash conservation critical. This has resulted in pay cuts and job cuts at a scale not seen in recent times. Here are 15 startups that have cut jobs this year.

Note: For most of these startups the number includes both permanent and contractual employees.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *