Gramophone, an agritech startup, has conducted layoffs as part of a broader trend affecting Indian startups in early 2023. While the exact number of employees let go at Gramophone is not specified in the article, it is mentioned within the context of agritech firms beginning layoffs after a two-year funding boom. The layoffs across the sector, including at companies like Dunzo, ShareChat, and Rebel Foods, are driven by a funding winter and macroeconomic uncertainties, leading firms to rein in costs and optimize operations. This wave of job cuts follows a challenging 2022, where nearly 18,000 startup employees were laid off, and reflects ongoing cautiousness in the consumer internet and tech industries at the start of the new year.
