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Dunzo, an Indian startup that offers last-minute grocery and vital delivery services, reportedly fired 30% of its staff in a new round of downsizing. The company’s engineering positions are reportedly most affected by the layoffs. The announcement was made during a town hall with a Q&A session that followed an organization-wide call. The decision was later explained to the impacted workers during individual meetings with their managers. Dunzo has downsized before in an effort to improve efficiency and lower expenses. The company fired 3% of its employees in January of this year. According to regulatory filings, the company’s FY22 losses grew to Rs 464 crore from Rs 229 crore in FY21, which led to the most recent round of layoffs. The firm spent Rs 531.7 crore in total in FY22, compared to Rs 54.3 crore in operating revenue. The advertisement for the company was one of the major expenses. Not just Dunzo is attempting to reduce expenses. Competitors like Zepto and Swiggy have implemented similar policies. Google and Reliance are the company’s investors. Google and Reliance hold a 20 per cent and 25.8 per cent stake in the company respectively.

Since taking over as CEO of Twitter in October of last year, Elon Musk has frequently made news for implementing new regulations and adjustments to the microblogging platform. The 51-year-old billionaire continued this by updating Twitter once more, replacing the iconic “blue bird” logo with the “doge” meme from the Dogecoin cryptocurrency. The Shiba Inu dog’s face can be seen on the “doge” meme. On the web version, the “blue bird” logo has prominently been used as the home button. The “doge” meme, which is a part of the Dogecoin blockchain and cryptocurrency logo and was created as a joke in 2013. Additionally, Musk posted a hilarious image on his account of the “doge” meme telling a police officer—who appears to be looking at his driver’s license—that his picture has been changed. pic.twitter.com/wmN5WxUhfQ — Elon Musk (@elonmusk) April 3, 2023 The Twitter mobile app, in particular, remained unchanged. It is important to note that the Shiba Inu-based doge image is well-known as the logo of the Dogecoin blockchain and cryptocurrency, which was developed in 2013 as a joke to mock other cryptocurrencies like Bitcoin, according to ANI quoting Variety. Moreover, the CEO of Twitter released a screenshot of a chat he had with the user who wanted to modify the bird logo to “doge.” Musk tweeted about this post and added, “As promised.” The discussion in question happened on March 26, 2022. As promised pic.twitter.com/Jc1TnAqxAV — Elon Musk (@elonmusk) April 3, 2023 Variety reports that Musk is a well-known superfan of the “Doge meme” and that he pushed Dogecoin on Twitter and while presenting “Saturday Night Live” last year. The value of Dogecoin surged by more than 20% following the modification to Twitter’s web logo. Earlier, on February 15, Musk tweeted a picture of the Dogecoin blockchain and cryptocurrency logo on his account while posing as the CEO and wrote, “The new CEO of Twitter is amazing,” showing his affinity for the “doge” cryptocurrency. It’s worth noting here that Musk took over Twitter’s control in October 2022. After months of uncertainty and a protracted legal dispute, the $44 billion deal was finally agreed upon. Musk spent months attempting to back out of the agreement after initially agreeing to acquire the company in April, initially expressing worries about the number of bots on the platform and then allegations made by a company whistle-blower. Musk reportedly sold Tesla shares worth about $8.5 billion to help pay for the purchase of Twitter.

 In order to solve the issue of organisations finding it difficult to properly respond to tier-1 questions from employees owing to a variety of factors, EY and Microsoft have teamed up to develop an intelligent payroll chatbot for the next-generation payroll platform. The EY intelligent payroll chatbot will modernise payroll employee care, automate payroll administrator controls, and offer strategic insights for workforce development using the azure openAI service and EY payroll experience. Using proof-of-concept data, the chatbot will increase KPIs for first-contact resolution and employee satisfaction by over 50%. The EY intelligent payroll chatbot will be included in the EY employee experience web and mobile applications, which provide employees with compliant payslips, tax documents, and insights in 49 different languages and 159 different countries. In order to formalise EY’s best practises for tax and payroll intelligence, Microsoft and EY will also work together more closely to develop new AI tax applications and LLMs. In order to formalise EY’s cutting-edge strategies for tax and payroll intelligence, EY and Microsoft will continue to create LLMs and new AI Tax applications. EY is dedicated to enhancing the client experience through the use of new age technology and generative AI. Microsoft is thrilled to be a part of this partnership, which makes use of the Azure Open AI Service to deliver cutting-edge regulatory compliance solutions that benefit from the most advanced AI models available. The EY intelligent payroll chatbot uses LLMs to comprehend the ontological structure of a payslip for an employee, and azure openAI services assists EY in ethically integrating the most recent generative AI into their products.