Startup layoffs are on the rise, but here's why experts don't expect a repeat of 2008

Startup layoffs are on the rise, but here's why experts don't expect a repeat of 2008

bizjournals

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After 2021's record-shattering year for U.S. startups, which saw year-over-year venture capital investments nearly double and mega deals of $50 million or more reach never-before-seen heights, 2022 has been a different story for startups. Instead of VC investments, it's layoffs that are on the rise. Startups and tech firms across the world have laid off more than 71,000 workers this year, according to Layoffs.fyi, a site that tracks public reports of startup layoffs. In the U.S., tech firms have…

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