Innodata (NASDAQ: INOD) is having a terrible, horrible, no good, very bad Tuesday. The data engineering and AI services stock plummeted 26. 4% as of 12: 26 p. m ET after reports of international layoffs hit the news wires, sending investors rushing for the exits. On Monday, Innodata reportedly laid off nearly 550 employees in India, alongside an undisclosed number of job cuts in the Philippines.
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