More wearables, hearables get India-made printed circuit boards

The wearables segment has seen rapid growth, clocking 46.9% year-on-year growth in 2022 as shipments reached 100 million, as per IDC India.

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Soaring staff costs may trim FY24 IT pay hikes to 8-­10%

Majority of the employees are expected to get the lower end of the range with stringent checks on contribution to business, experts added.

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Amazon lays off about 100 employees in its gaming divisions

Amazon has struggled to capitalize on its resources in gaming, including through its Crown channel, an entertainment show on the Twitch streaming service.

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LayerZero Labs valued at $3 billion after latest fund-raise

The Series B fund-raise saw participation from 33 investors, including a16z crypto, Christie's, Circle Ventures, OpenSea Ventures, Samsung Next, and Sequoia Capital, amongst others.

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Apple to cut small number of jobs in some corporate retail teams: report

The layoffs would impact what Apple calls its development and preservation teams, the report said, adding that the number of positions being eliminated could not be ascertained and was likely very small.

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Walmart to cut over 2,000 jobs in e-commerce warehouses

In march, hundreds of workers at five Walmart facilities that fulfill e-commerce orders were being asked to find jobs within 90 days at other company locations.

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ETtech Scoop: Reliance enters zero-commission fashion marketplace; mid-to-senior hirings in startups plummet

Reliance Industries’ online fashion platform Ajio will launch Ajio Street — a zero-commission fashion marketplace aimed at value products for non-metro audiences, similar to ecommerce firm Meesho.

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