In the middle of rising cost of living, startups are unable to afford to reduce advantages one count most

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In the middle of rising cost of living, startups are unable to afford to reduce advantages one count most

The global macroeconomic climate is erratic and inflation is only continuing to rise, with the Federal Reserve recently raising its benchmark interest rate for the fourth time this year. As the market remains unsteady and whispers of a recession prevail, a growing number of startups are tightening their belts. An increasing number of companies are announcing hiring freezes, while others have begun layoffs and additional cost-cutting measures. Read more “In the middle of rising cost of living, startups are unable to afford to reduce advantages one count most”