Startups significantly dialed back their hiring in 2023

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Startups hired far fewer employees last year compared to the number of workers they added in 2022. And many of those that did join aren’t sticking around long.

That’s according to Carta, a cap-table management platform that tracks employment statistics, venture funding and other data for more than 40,000 startups. Startups on Carta made just 267,818 new hires in 2023, which is about half of the 523,487 hires made in 2022. Startups added 525,827 new hires in 2021, Carta said. 

That’s perhaps not…

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