Alphabet, Google's parent company, is reportedly gearing up to lay off about 10,000 "poor performing" employees, or 6 percent of its workforce.

According to a report in The Information, Google plans to ease out 10,000 employees through a new ranking and performance improvement plan.

In India, nearly 16,000 employees have been asked to go by about 44 startups, led by edtech companies like BYJU'S, Unacademy, and Vedantu, as VC funding dried up.

Other tech startups and unicorns that have laid off employees in India include Ola, Cars24, Meesho, LEAD, MPL, Innovaccer, Udaan and more. Meanwhile, thousands of contractual employees have also been let go, making 2022 the harshest year for workers in the technology sector.

The startup ecosystem's funding winter could last another 12 to 18 months and the industry may face "a lot of turmoil and volatility", Flipkart CEO Kalyan Krishnamurthy has warned.

Indian startups are going through steep hiring cuts and hiring of permanent employees has dipped by a significant 61 per cent in the last 12 months according to the annual insights report by RazorpayX Payroll, the business banking platform of Razorpay.

Only two startups in India, Shiprocket and OneCard, attained the unicorn status (valuation $1 billion and above) in the July-September period, according to a latest PwC India report.