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Tuesday | March 2 | 2021

10 biggest startup layoffs in 2020 hit 25,500. Uber leads with 30%

Data presented by Buy Shares indicates that approximately 25,500 jobs have been lost in the top ten largest startup layoffs amid the pandemic.

The layoffs were recorded between March 2020 and January 2021.

Cab hailing firm Uber from the transport sector leads with 7,525 layoffs accounting for 29.5% of all the highlighted job losses. from the travel industry is second with 4,375 layoffs followed by e-commerce marketplace Groupon at 2,800.

Vacation rental platform Airbnb is fourth with 1,900 layoffs followed by online tutoring platform WhiteHat Jr at 1,800.

Insurance aggregator PaisaBazaar ranks sixth at 1,500 followed by online travel agency Agoda which has registered 1,500 layoffs.

Online personal styling company Stitch Fix saw 1,400 workers get laid offs followed by ride-sharing firm Ola at 1,400. Stone from the financial industry had the least layoffs in the tenth spot at 1,300.

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