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Podcast: One Thing Today in Tech
Episode: Tech layoffs in 2024 already: 32,500 and counting as AI takes precedence
Description: Layoffs at tech companies have continued into 2024, but first, a couple of other headlines that caught my attention.
Hyundai Motors is planning to list its Indian unit to raise at least $3 billion in what would be the country's biggest IPO, Reuters reported yesterday, citing two people it didn’t name.
Hyundai, the second-biggest automaker in India with a 15 percent market share, is in early talks with several banks for the fund raising, which would value the Korean automaker’s Indian operations at up to $30 billion, which is more than half its market capitalisation of $42 billion in S...