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The Economic Times

Economy / The Economic Times

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Rs 92 lakh salary, zero safety: Bengaluru startup fires 40% staff in one day

Job losses are now common in India's technology sector. Even well-paid professionals face instability. A Bengaluru IT startup recently laid off nearly 40 percent of its staff in one day. This move stunned employees, including those with high salaries and those nearing significant life events. The startup ecosystem's volatility is now a clear reality.

3 Mar 2026 1:11 pm