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Ravi Ranjan

Stealth • 9m

Why is these layoffs happening almost all the industry??...is there an AI factor or something else like financial crises?

3 replies10 likes

Replies (3)

Anonymous 3

Stealth • 9m

Its true actually, if you see at the layoffs only VC backed companies mostly do it. Most don’t value the capital

0 replies1 like

Anonymous 2

Stealth • 9m

Over-funded startups

0 replies2 likes

Anonymous 1

Stealth • 9m

I think most of them have/had over ambitious expansion plans. Which they have just realised doesn’t have that much of a serviceable market. Many VCs came here thinking they will invest Aggressively to 1.5 bn people whereas the serviceable market stands at around a growing 12mn households. With the targeted market.

0 replies1 like

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