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Markets
Quick-grocery delivery provider Dunzo cuts 3% of its workforce
Infotech
ShareChat lays off 20% of its workforce due to uncertain market conditions
Software company Pegasystems to lay off 4% of workforce
Technology
Chip-maker Micron to cut 10% of its workforce
Autonomous trucking company TuSimple to cut at least half of its workforce
Xiaomi says less than 10% workforce to be affected amid 'organisational streamlining'
Xiaomi may cut 15% of its workforce amid Covid lockdowns in China
The Washington Post announces more job cuts
Low-code software platform Airtable lays off over 250 employees
Morgan Stanley lays off about 1,600 employees
ShareChat lays off less than 5% of its workforce, shuts fantasy sports app Jeet11
Bizz Talk
Demand for global capability centres likely to rise in India on mounting cost pressure in US, Europe