But beyond this, the real economic impact from the coronavirus pandemic will come in the weeks and months to come.
And later she announced a relief package of INR 170K Cr to help mitigate the negative impact on agriculture and farmers.
This may also impact productivity on the company as well as individual-level, which has an impact on layoffs as well.
On the entrepreneurs’ front, it is not uncommon for startups to choose layoffs as part of a cost-cutting exercise.
For instance, over Q3 and Q4 FY20, we have seen several rounds of layoffs from unicorns as well as growth-stage startups. | To read full story, visit https://startuparound.com/read/1585306806.4069157/Layoffs-Come-As-Reality-Check-For-Hamstrung-Indian-Startups?ref=audio_experience