ReferIndia News Indian startups fired more than 4,500 employees in last 8 months, is it because of AI?

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Indian startups fired more than 4,500 employees in last 8 months, is it because of AI?

Published on: Feb. 27, 2026, 8 a.m. | Source: India Today

More than 4,500 employees have been laid off by Indian startups in the last 8 months. But it might not be because of AI. Data hints that the layoffs are largely linked to changed business conditions, selective funding, and investor pressure to turn profitable.

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