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US software company Pegasystems is laying off around 240 employees as part of a reorganization of its customer success roles. This is the second job cut at the company this year.
Layoffs rising in tech industry, presents opportunity for companies to recruit and retain top talent.
Layoff drive: OLX will sack around 1,500 employees globally.
Chief Financial Officer James Kavanaugh said IBM Corp was still committed to hiring for client-facing research and development.