Lloyds Banking Group is hiring hundreds of IT engineers in India while cutting similar jobs in the UK, aiming to have almost half of its engineers based outside the UK by the year-end. The bank plans to have 4,000 tech employees in India by the end of the year, with roles in Hyderabad including full-stack and cloud engineers. This move comes as part of Lloyds’ digital transformation journey to boost returns and reduce costs amid plans to cut 500 jobs, close offices, and branches in the UK.
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Bicycle (BCYC) Q2 Revenue Falls 69%
Bicycle Therapeutics Plc (NASDAQ:BCYC) reported Q2 2025 GAAP revenue of $2.9 million, significantly below the $9.43 million analyst estimate, while net loss per share widened to $(1.14), surpassing the $(0.95) forecast. Despite increased clinical investment and operational spending aimed at advancing its pipeline of precision-guided therapeutics using its proprietary Bicycle molecule platform, the company emphasized the need for operational discipline and clear milestones ahead. Want More Context? 🔎
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