Tech startups are adjusting their compensation packages as valuations decrease. Companies like Match and Bumble have collectively lost over $40 billion in market value since 2021, facing challenges in revenue growth. Carta reports a 37% decrease in equity for tech startup workers compared to 18 months ago, with average salaries down by 0.2% since 2022. Layoffs and job departures exceeded new hires in 2023 at startup companies on Carta's platform, leading to a trend of hiring fewer workers and offering reduced equity compensation.