Each day Crunch: In SEC submitting, Accenture reveals plans to dismiss 19,000 employees over the following 18 months

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Howdy, and welcome to your Thursday — aka, the day the TikTok CEO went in entrance of Congress. Our crew has been working onerous all day to maintain up with every little thing occurring there, and you’ll learn the fruits of their labor within the Massive Tech part. Now, on with the information! — Christine and Haje

The TechCrunch High 3

• Extra layoffs: The layoffs affecting the know-how business at the moment are making their technique to the businesses that service them. Accenture introduced in the present day that it’s going to reduce 19,000 jobs, Manish reviews. That represents about 2.5% of its world workforce, however an eye-opening determine nonetheless.
• Do Kwon in custody: It appears to be like like regulation enforcement caught up with Terra creator Do Kwon, who was reportedly arrested on the Montenegro airport, Jacquelyn writes. You would possibly recall that Kwon has been below investigation in South Korea following the Terra/LUNA collapse, which worn out about $40 billion from the cryptocurrency market. Regardless of saying he was cooperating with regulation enforcement, Kwon’s whereabouts have been unknown since September.
• An excuse to not go to the mall: DoorDash customers can now order from Lush Cosmetics, Victoria’s Secret and Get together Metropolis. The supply large additionally added some new procuring options, like search optimization. Aisha has extra.

Startups and VC

At first look, Boston Dynamics is an odd match for a present like ProMat, Brian writes. For many years, the agency has introduced a flashy picture to the world — an organization well-known for robotic spotlight reels, from the snow-traversing Massive Canine to parkour-performing Atlas. However a latest method has discovered it going through one in every of its largest challenges so far: placing its robots to work within the type of commercialization.

Lun, a local weather tech startup out of Denmark, is on a mission to assist heat-pump installers decarbonize properties and quick, Natasha L reviews, beginning with heating techniques and swapping out boilers for electrical warmth pumps.

Robots, warmth pumps and 5 extra tech information tales, oh my:

4 Indian buyers clarify how their funding technique has modified since 2021

Picture Credit: mtreasure (opens in a brand new window) / Getty Photos

For our newest survey, TechCrunch reporter Jagmeet Singh requested 4 Indian buyers about how their work has modified for the reason that world tech downturn started.

Enterprise capital funding within the area “dried up within the second half of 2022,” so he inquired about their present tempo of dealmaking, which funding traits they’re watching and the way founders can attain them:

• GV Ravishankar, managing director, Sequoia India
• Ashutosh Sharma, head of India investments, Prosus Ventures
• Vaibhav Domkundwar, CEO and founder, Higher Capital
• Roopan Aulakh, managing director, Pi Ventures

Aaaand in fact there’s three extra from the TC+ crew in the present day as effectively:

TechCrunch+ is our membership program that helps founders and startup groups get forward of the pack. You’ll be able to join right here. Use code “DC” for a 15% low cost on an annual subscription!

Massive Tech Inc.

The large information for in the present day was clearly TikTok, and our colleagues have been plugging away at every little thing from the Congressional listening to to who advantages if a U.S. ban occurs. Discover out any new developments right here.

And now right here’s six non-TikTok tales for you: