Decrease in Hiring and Challenges for Female Founders in European Tech Startups

Hiring across European tech startups has decreased by nearly 40% year over year, with late-stage startups experiencing a higher figure. Startups are shifting their focus towards retention and closing the gender pay gap. Female founders face challenges in securing funding for their startups during the economic downturn, but the tighter VC pockets could create opportunities for them. The article also highlights the systemic barriers preventing diversity in Australian venture capital and entrepreneurship, particularly for women.