Bengaluru startup cuts 40% workforce overnight. A Bengaluru-based IT startup eliminated nearly 40 percent of its workforce in a single day, leaving employees with zero advance warning. Even high earners were not spared, with professionals drawing Rs 92 lakh annually facing sudden termination. The abrupt restructuring highlighted a troubling reality in India's tech sector: substantial salaries no longer guarantee job security. The layoffs particularly impacted vulnerable employees, including a worker expecting fatherhood within days and a pregnant woman preparing for maternity leave. This incident underscores how startup volatility has become endemic, with aggressive cost-cutting measures prioritized over employee welfare and life circumstances. High compensation, once viewed as protection against uncertainty, now appears insufficient against rapid downsizing decisions.
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