Now hiring, say startups after firings


Around 101 tech firms fired 25,436 employees globally in the first few weeks of January, according to layoff tracking site The tech industry, including Big Tech and startups, together laid off over 17,000 employees in India in 2022.

Even as they continue to sack employees at frequent intervals, startups maintain they are also on the lookout for fresh talent and therefore hiring.For instance, Zomato, which recently fired over 100 employees, has said it is hiring for 800 roles. Cars24, which let go 600 staffers last year, announced it is looking for 500 new recruits. In December 2022, UpGrad sacked 70 people, but plans to increase its total headcount by 1,400 to 9,100 by March.

Byju’s which has axed over 3,500 jobs over the past year or so, plans to hire 10,000 more, adding to its 50,000-member team. Edtech startup Lead, which handed pink slips to about 60 employees last month, is also looking to onboard 100-150 staffers. More recently, another edtech firm, Physics Wallah, said it would be adding 2,500 fresh roles as the company continues to scale up.

According to Kamal Karanth, co-founder, Xpheno, a specialist staffing firm, the worst for the startup jobs market seems to be largely over. According to his estimates, startups sacked 22,000 employees last year, but active job postings from new-age companies alone were already at 15,000 as of January. That’s a 6% drop from 16,000 openings in December. Karanth said that candidates are now settling for hikes in the 50-60% range, against 100% they demanded earlier.

“Employees are also shopping for jobs less, because of which the offer acceptance rate has jumped to 70%, from 50% about two years ago. There is no real shift in the type of roles required, but jobs like customer service are not much in demand now,” he said.

Vikram Chopra, co-founder and CEO, used car marketplace Cars24, said from around October last year the company has moved to a set-up where employees pitch ideas and solutions instead of just the four founders steering the ship, and now hiring is vital for his firm’s revenue to grow. “I wish we had moved to this model earlier, this results in 10x more ideas. A business like ours will secularly go online and we need to prepare for that. In six months, the new roles will bring more revenues, which will minimise our losses,” Chopra said.

“Last year we went tighter and cleaned up the house based on performance, that will happen again in March. But we will add 500 employees to our workforce of 5,000-6,000 also by March,” he added.

Similarly, UpGrad remains upbeat about the edtech sector and has expressed plans to hire 1,400 people by March. Mayank Kumar, co-founder, of the company, said he would have added 4,400 roles by the end of FY23, which will then increase 1.5x in FY24. Nearly half of UpGrad’s 9,100-strong workforce was onboarded just in the current fiscal.

Kumar said edtechs moving away from a virtual only models to a mix of physical and online arrangement, or phygital, was creating more roles. “The offline and online learning formats are no longer competing with one another but rather collaborating…which is pushing up the demand for edtechs,” he said.

UpGrad has acquired around 13 companies between 2020 and 2022, because of which there were redundancies in certain roles and 70 employees were sacked. “We are continuing with our focus on adult education and hence took certain strategic calls in the recent past… we have built a strong army of multitasking and agile members who can easily adapt to the dynamism of the company,” Kumar said.

Not just UpGrad, most other startups are increasingly picking multi-taskers over just domain experts. “It helps in justifying hiring decisions. Founders are conducting more number of interview rounds, asking tougher questions and being prudent with money, so proving an employee can juggle between marketing and tech roles betters their prospects,” Xpheno’s Karanth said.

Aditya Mishra, CEO and MD, CIEL HR Services — which recently surveyed over 60,000 employees working in the top 60 startups — in a recent report said new-age companies are on the lookout for skilled talent and highly productive people who can adapt quickly to changes and stay ahead of the curve.

About The Author

129 thoughts on “Now hiring, say startups after firings

  1. I am currently writing a paper that is very related to your content. I read your article and I have some questions. I would like to ask you. Can you answer me? I’ll keep an eye out for your reply. 20bet

  2. Howdy would you mind letting me know which web host you’re working with? I’ve loaded your blog in 3 different internet browsers and I must say this blog loads a lot quicker then most. Can you recommend a good internet hosting provider at a honest price? Thank you, I appreciate it!

  3. I am no longer positive where you’re getting your information, however great topic. I needs to spend some time finding out more or working out more. Thank you for fantastic information I was looking for this info for my mission.

  4. Good website! I truly love how it is easy on my eyes and the data are well written. I’m wondering how I might be notified when a new post has been made. I have subscribed to your feed which must do the trick! Have a great day!

  5. Aviator Spribe играть с друзьями онлайн
    Big to you thanks for the necessary information.
    Добро пожаловать в захватывающий мир авиаторов! Aviator – это увлекательная игра, которая позволит вам окунуться в атмосферу боевых действий на небе. Необычные графика и захватывающий сюжет сделают ваше путешествие по воздуху неповторимым.

    Играйте в Aviator Spribe играть и наслаждайтесь волнением игры вместе с нами!
    Aviator игра позволит вам почувствовать себя настоящим пилотом. Вам предстоит совершить невероятные маневры, выполнять сложные задания и сражаться с противниками. Улучшайте свой самолет, чтобы быть готовым к любым ситуациям и становиться настоящим мастером.
    Основные особенности Aviator краш игры:
    1. Реалистичная графика и физика – благодаря передовой графике и реалистичной физике вы почувствуете себя настоящим пилотом.
    2. Разнообразные режимы игры и миссии – в Aviator краш игре вы сможете выбрать различные режимы игры, такие как гонки, симулятор полетов и захватывающие воздушные бои. Кроме того, каждая миссия будет предлагать свои собственные вызовы и задачи.
    3. Улучшение и модернизация самолетов – в игре доступны различные модели самолетов, которые можно покупать и улучшать. Вы сможете устанавливать новое оборудование, улучшать двигательность и мощность своего самолета, а также выбирать различные варианты окраски и декорации.
    Aviator краш игра – это возможность испытать себя в роли авиатора и преодолеть все сложности и опасности воздушного пространства. Почувствуйте настоящую свободу и адреналин в Aviator краш игре онлайн!
    Играйте в «Авиатор» в онлайн-казино Pin-Up
    Aviator краш игра онлайн предлагает увлекательную и захватывающую игровую атмосферу, где вы становитесь настоящим авиатором и сражаетесь с самыми опасными искусственными интеллектами.
    В этой игре вы должны показать свое мастерство и смекалку, чтобы преодолеть сложности многочисленных локаций и уровней. Вам предстоит собирать бонусы, уклоняться от препятствий и сражаться с врагами, используя свои навыки пилотирования и стрельбы.
    Каждый уровень игры Aviator краш имеет свою уникальную атмосферу и задачи. Будьте готовы к неожиданностям, так как вас ждут захватывающие повороты сюжета и сложные испытания. Найдите все пути к победе и станьте настоящим героем авиатором!
    Авиатор игра является прекрасным способом провести время и испытать настоящий адреналиновый разряд. Готовы ли вы стать лучшим авиатором? Не упустите свой шанс и начните играть в Aviator краш прямо сейчас!
    Aviator – играй, сражайся, побеждай!
    Aviator Pin Up (Авиатор Пин Ап ) – игра на деньги онлайн Казахстан
    Aviator игра предлагает увлекательное и захватывающее разнообразие врагов и уровней, которые не оставят равнодушными даже самых требовательных геймеров.
    Враги в Aviator краш игре онлайн представлены в самых разных формах и размерах. Здесь вы встретите группы из маленьких и быстрых врагов, а также огромных боссов с мощным вооружением. Разнообразие врагов позволяет игрокам использовать разные тактики и стратегии для победы.
    Кроме того, Aviator игра предлагает разнообразие уровней сложности. Выберите легкий уровень, чтобы насладиться игровым процессом, или вызовите себе настоящий вызов, выбрав экспертный уровень. Независимо от выбранного уровня сложности, вы получите максимум удовольствия от игры и окунетесь в захватывающий мир авиаторов.
    Играйте в Aviator и наслаждайтесь разнообразием врагов и уровней, которые позволят вам почувствовать себя настоящим авиатором.

  6. I was very pleased to find this web-site.I wanted to thanks to your time for this excellent read!! I positively having fun with every little bit of it and I’ve you bookmarked to take a look at new stuff you blog post.

  7. Hmm is anyone else experiencing problems with the images on this blog loading? I’m trying to find out if its a problem on my end or if it’s the blog. Any feedback would be greatly appreciated.
    bcasino app

  8. Attractive component to content. I simply stumbled upon your site and in accession capital to say that I acquire in fact enjoyed account your weblog posts. Anyway I’ll be subscribing in your augment and even I fulfillment you get admission to consistently quickly.
    bcasino online

  9. Right here is the right web site for everyone who wants to understand this topic. You know so much its almost hard to argue with you (not that I actually would want to…HaHa). You certainly put a new spin on a topic that’s been written about for many years. Wonderful stuff, just great!
    shit code bcgame

  10. Hi this is kind of of off topic but I was wanting to know if blogs use WYSIWYG editors or if you have to manually code with HTML. I’m starting a blog soon but have no coding experience so I wanted to get advice from someone with experience. Any help would be enormously appreciated!
    booi cassino

  11. This design is wicked! You definitely know how to keep a reader entertained. Between your wit and your videos, I was almost moved to start my own blog (well, almost…HaHa!) Great job. I really enjoyed what you had to say, and more than that, how you presented it. Too cool!

  12. Great V I should certainly pronounce, impressed with your website. I had no trouble navigating through all the tabs as well as related information ended up being truly simple to do to access. I recently found what I hoped for before you know it in the least. Quite unusual. Is likely to appreciate it for those who add forums or something, site theme . a tones way for your customer to communicate. Nice task..

  13. Hello my friend! I want to say that this article is amazing, great written and come with almost all significant infos. I would like to see more posts like this .

  14. Nice post. I learn something more challenging on different blogs everyday. It will always be stimulating to read content from other writers and practice a little something from their store. I’d prefer to use some with the content on my blog whether you don’t mind. Natually I’ll give you a link on your web blog. Thanks for sharing.

  15. Have you ever considered about including a little bit more than just your articles? I mean, what you say is important and everything. But imagine if you added some great pictures or video clips to give your posts more, “pop”! Your content is excellent but with pics and videos, this site could certainly be one of the very best in its field. Good blog!

  16. Thanks for the sensible critique. Me & my neighbor were just preparing to do a little research about this. We got a grab a book from our area library but I think I learned more clear from this post. I am very glad to see such excellent information being shared freely out there.

  17. As I web-site possessor I believe the content matter here is rattling magnificent , appreciate it for your hard work. You should keep it up forever! Best of luck.

  18. Thank you for another fantastic post. Where else could anybody get that kind of information in such a perfect way of writing? I have a presentation next week, and I am on the look for such information.

  19. A formidable share, I simply given this onto a colleague who was doing just a little evaluation on this. And he the truth is purchased me breakfast as a result of I found it for him.. smile. So let me reword that: Thnx for the deal with! But yeah Thnkx for spending the time to debate this, I really feel strongly about it and love studying extra on this topic. If doable, as you develop into expertise, would you mind updating your weblog with extra particulars? It’s highly useful for me. Big thumb up for this weblog submit!

  20. I would like to thank you for the efforts you’ve put in writing this site. I’m hoping the same high-grade site post from you in the upcoming also. Actually your creative writing abilities has inspired me to get my own website now. Actually the blogging is spreading its wings rapidly. Your write up is a good example of it.

  21. Thanks a bunch for sharing this with all of us you really know what you are talking about! Bookmarked. Please also visit my web site =). We could have a link exchange agreement between us!

  22. Hey very cool site!! Man .. Beautiful .. Amazing .. I will bookmark your blog and take the feeds also…I am happy to find a lot of useful info here in the post, we need develop more strategies in this regard, thanks for sharing. . . . . .

  23. Oh my goodness! a tremendous article dude. Thank you Nevertheless I’m experiencing situation with ur rss . Don’t know why Unable to subscribe to it. Is there anybody getting an identical rss drawback? Anyone who knows kindly respond. Thnkx

  24. Hello my friend! I wish to say that this article is awesome, great written and come with approximately all important infos. I would like to look more posts like this .

  25. When I originally commented I clicked the “Notify me when new comments are added” checkbox and now each time a comment is added I get three emails with the same comment. Is there any way you can remove people from that service? Thanks a lot!

  26. What i do not realize is in reality how you are not actually much more smartly-appreciated than you may be now. You’re very intelligent. You know thus significantly in the case of this subject, produced me personally consider it from so many numerous angles. Its like men and women are not involved until it¦s something to accomplish with Woman gaga! Your individual stuffs excellent. Always handle it up!

  27. Yesterday, while I was at work, my cousin stole my iPad and tested to see if it can survive a forty foot drop, just so she can be a youtube sensation. My apple ipad is now broken and she has 83 views. I know this is entirely off topic but I had to share it with someone!

  28. I intended to post you the very small observation to help say thanks the moment again just for the superb opinions you’ve contributed in this article. It was quite remarkably open-handed with people like you to supply without restraint what a few people would have advertised as an ebook to get some money on their own, certainly given that you might well have tried it in the event you decided. Those tactics as well worked as a fantastic way to recognize that some people have similar eagerness similar to my very own to see a lot more with regards to this issue. Certainly there are numerous more pleasurable moments up front for individuals that browse through your website. phenq

  29. Needed to create you one very little note to finally say thanks as before for all the beautiful thoughts you have shown in this article. It was quite tremendously open-handed of people like you to allow openly what many people could have advertised for an electronic book to help with making some money for themselves, particularly considering the fact that you might have done it if you ever wanted. The techniques also worked as a fantastic way to recognize that other individuals have a similar keenness just as my own to know the truth great deal more in terms of this problem. I think there are a lot more fun opportunities up front for people who looked at your website. provadent

  30. I wanted to post you one bit of remark to help give many thanks the moment again for your wonderful basics you’ve shared in this article. It’s certainly surprisingly open-handed with people like you to allow unhampered what exactly a number of people might have advertised as an ebook to help with making some money for their own end, primarily seeing that you might have tried it if you ever considered necessary. Those pointers in addition acted as a easy way to recognize that other people have the same eagerness the same as my very own to see a great deal more concerning this matter. Certainly there are millions of more enjoyable opportunities ahead for individuals who find out your blog post. lottery defeater reviews

  31. This web site is really a walk-through for all of the info you wanted about this and didn’t know who to ask. Glimpse here, and you’ll definitely discover it.

  32. Needed to write you the tiny word to help say thank you as before regarding the wonderful basics you’ve discussed here. It has been quite extremely generous with you to allow without restraint what a few individuals would’ve distributed for an e book to get some money for their own end, chiefly now that you could possibly have tried it if you decided. These suggestions also worked to provide a good way to fully grasp someone else have the identical dream just as my own to find out more and more on the topic of this matter. I am sure there are thousands of more enjoyable periods up front for individuals who look into your blog. phenq

  33. Needed to post you that bit of note to be able to thank you as before for these nice suggestions you have shared here. It has been quite incredibly generous of you to provide unreservedly all that a lot of folks would have supplied for an electronic book to end up making some bucks on their own, certainly given that you might have tried it in case you wanted. Those good ideas in addition acted to be a easy way to fully grasp most people have a similar keenness the same as my personal own to see much more in regard to this issue. I’m certain there are thousands of more pleasurable opportunities in the future for folks who see your blog post. denticore reviews

Leave a Reply

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