Fidelity Investments plans to eliminate about 1,000 roles worldwide, affecting roughly 1% of its 80,000 global workforce. The company frames the move as part of a product and technology reorganization ahead of a new delivery model, while simultaneously hiring software engineers and product talent. Engineering and product teams shift to the new operating structure by June 1.
Deeptech startup Bettrlabs is digitising consumer product development with an AI R&D platform that cuts timelines from over seven months to 30–90 days by replacing fragmented lab experiments with formulation, ingredient analysis, and regulatory checks. At the same time, LinkedIn data shows India’s AI hiring jumped 59.5% year-on-year, led by Bengaluru but spreading into emerging hubs.
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ClayCo has raised nearly Rs 35 crore in a new funding round, saying the money will go toward accelerating product development, expanding into new categories, and strengthening working capital. The company framed the raise as a push to scale faster and improve operational readiness ahead of broader market expansion.
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