310 Thousands of layoffs across the tech sector may end up being a boon for startups that struggled to hire talent during the heady days of sky-high valuations. The big catch is they need to ensure their own survival first after venture-capital investors pulled back sharply this year. The history of Silicon Valley is awash with stories of companies that were founded, or gained traction, in the ruins of recession. Amazon.com Inc. and Google, now known as Alphabet Inc., are among the big winners from past economic slumps. You Might Be Interested In Cashify To Expand With A $90 million Investment upGrad invests 3.6M USD to set up TuringMinds Gearhead Motors Revs Up with Rs. 6 Crore in Funding Wipro Consumer Care makes a foray into packaged food and spice segment; Acquires Nirapara SumUp Defies Fintech Funding Slump, Raises $307 Million in Fundraising Amazon To Invest Up To $4 Billion In AI Startup Anthropic
