US startups laid off more than 3,000 workers in January — a 1,700% jump from the same month last year

• Economic uncertainty has led to a wave of layoffs in the tech industry.
• After the 2021 boom in venture capital investing, startups are cutting costs and slashing jobs.
• More than 3,000 US startup employees lost their jobs in January, according to data from Layoffs.fyi.

Economists may still be debating whether or not the US is entering a recession, but for the tech industry, the pullback is fully underway.