Bengaluru Startup Lays Off 40% Staff in One Day, ₹92 Lakh Salary No Guarantee

• A Bengaluru IT startup laid off 40% of its employees in a single day, sparking social media outrage.
• A CA Arpit Goyal shared that his friend, earning ₹92 lakh annually, was among those suddenly dismissed.
• The layoffs impacted employees with major life events, including a new father and a pregnant woman about to take maternity leave.
• Social media users highlight the 'use and throw' culture in startups, where rapid hiring during good funding is followed by quick cuts.
• The incident underscores growing job insecurity in the Indian tech sector, even for high-earning professionals.