Hyderabad startup employees face layoff toxic work culture
While Hyderabad State’s capital has developed a reputation as a hub of innovation and job opportunities,
however, the city’s startup l employees face an uncertain future, exploitation, and unresolved grievances
Overriding as one of the top cities for job opportunities driven by its booming IT sector and an influx of lakhs of youth every year, Hyderabad finds itself at the centre of entrepreneurial emergence.
As per Global Startup Ecosystem Index 2024, the city has over 650 startups, representing 6% of the country’s startups and is the 4th best startup ecosystem in the country.
However, notwithstanding its widely-recognised reputation as a city that promotes and facilitates the establishment of new ventures cutting across fields as well as welcomes ambitious job seekers from across the country, young employees in the city report various structural issues such as job insecurity, excessive workload, unstable and dysfunctional work ethic, perfunctory grievance redressal systems and overall ‘toxicity’ prevailing over the workspace.
News Edit KV Raman