Layoffs spread to Dunzo, ShareChat, Rebel Foods, and agritech firms
Indian startups fired nearly 18,000 employees in 2022 as a funding winter and macroeconomic uncertainty froze investors in their tracks. Not much has changed on this front at the start of 2023, with companies such as Dunzo, ShareChat and Rebel Foods planning layoffs, joining the likes of Cashfree, Moglix and others that have already sacked workers this year.Also in this letter:■ After two-year funding boom, agritech startups begin layoffs■ Efficiency-focused deals to help offset delays in Europe: HCLTech CEO■ Cognizant…