Layoffs at Cisco, Reshamandi, and others; Indian PC market grows; Zomato shuts down Legends; and other top tech news of the week

This week, several companies announced major changes to their operations. Networking giant Cisco Systems revealed plans to lay off approximately 7% of its global workforce, while Indian startup ReshaMandi faced a complete shutdown and layoffs amid financial struggles. On a more positive note, the Indian personal computer market showed resilience with a 7.1% growth in shipments during Q2 2024.