342 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 Beatoven.ai’s AI-based music tool offers creators a new solution for royalty-free background music Luxembourg Aims to Rival Paris and Brussels in Startup Rankings Within Two Years Game-Changing Battery Outperforms Tesla Tech, Introduces Solid-State Marvel with 300% Higher Energy Density and 15-Minute Ultra-Fast Charge upGrad invests 3.6M USD to set up TuringMinds Sarvam AI Brings Indic Voice AI to Microsoft Azure Oman ranked among top 10 MENA nations for startups