Where did the jobs go?

The article explores the financial challenges that startups are facing in 2023, marked by reduced funding and mass layoffs due to economic uncertainty and fears of a recession. Notable companies like Google, Meta, Microsoft, and Stripe have been affected, along with many smaller startups. The article notes a particularly significant impact in India, where startups have struggled with decreased investment and a drop in valuations. Despite these challenges, some sectors such as Security, Compliance, generative AI, and Developer Tools continue to show growth.

Bernardo Montes de Oca
Bernardo Montes de Oca

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