Comment on These startups raised billions and then laid off thousands. Workers are shocked and frustrated

These startups raised billions and then laid off thousands. Workers are shocked and frustrated

Just a few months ago, discount hotel chain OYO seemed unstoppable. The India-based startup touted plans for global expansion and saw its valuation double to $10 billion in October. But in mid-January, the company began sweeping layoffs that have seen thousands lose their jobs.

 

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