Jakarta –
Many companies startup tighten the belt at this time, due to deteriorating economic conditions. Even the waves layoffs Mass ensued and affected up to tens of thousands of technology employees, especially startups.
In Indonesia, several startups have been laid off. In foreign countries, the condition is even worse. A search from the aggregator layoffs.fyi shows that a total of 15 thousand employees in the technology world have lost their jobs in various countries.
Inflation and high interest rates until the war in Ukraine depressed startup performance. Large companies including Meta and Twitter were also affected and said there were no job openings for the time being.
One of the startups cutting employees is the Brazilian e-commerce platform Vtex, where 193 employees were affected. “The world is changing fast and we have to adapt,” said CEO Geraldo Thomaz detikINET from Tech Crunch, Thursday (2/6/2022).
Financial firm PayPal has also cut dozens of employees from its San Jose office. “We are constantly evaluating to ensure we are operating with the best possible structure,” said a PayPal spokesperson.
Turning to Turkey, e-commerce startup Getir cut 14% of employees globally. With 32 thousand employees, it means that there are more than 4,000 people who have been laid off. In addition, they are also more selective in accepting employees.
“In these difficult times, we remain committed to the ultra-fast grocery delivery industry that we pioneered nine years ago,” he said startup Bitter in the memo to the employees.
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