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Software Engineer

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Horrible Layoff’s in PayPal India.

Horrible Layoff’s in PayPal India.- Grapevine

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PayPal layoff 7% of its workforce. Around 2000 employees get laid off.Can anyone confirm?

PayPal layoff

Project Coordinator

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How is the current layoff situation in Paypal India. I see many vacancies being posted and was reached out by the HR for a Lead Data Scientist position. Can someone help with the organization culture, growth, opportunities, compensation etc.

Layoffs in Paypal

Business Analyst

More layoffs at paypal is ahead. Lot of restructuring is happening internally and morale is at all time low. Sad to see all this happening.

IT Layoffs at Paypal

Content Strategist

Layoffs at PayPal

Product Manager

Heard that Paytm is planning to layoff 10% of entire work force. Across all levels.

Heard cases that folks who were hired at market premium less than 30 days ago are now being asked to leave the organisation. 

And the layoffs will be hidden under the guise of mid year appraisals. #PaytmKaro

Layoffs coming up at Paytm

Data Scientist

PayU India going to start conducting layoffs starting Sept 23

Lead Data Scientist

HR is having 15-20 meets everyday, anyone can confirm with their calendar. 

Multiple HRs multiple laid off people. Zero severance. They are pressuring people to resign and saying you have to resign today itself! 

Market is going to get flooded with Paytm folks. 

Worst regret is that management and CEO made bad decisions and flunked compliance / risk. But after crackdown by RBI they are making employees suffer. 

It is heard that this will continue to go on till months. 

There should be a course on how to behave and work like a CEO.

Paytm is laying off people since May 27 (forced resignation)

Hi Guys,
The management at Paytm has informed around 30-40 % will be laid off in May end.

I will be affected by Paytm layoffs as list is being prepared.
Any referrals/leads for backend software Engineer(tech stack Scala,Kafka,SQL,AWS ) would be helpful as I had joined Paytm as fresher last year.Total experience will be 1 year in June.

Laidoff by paytm

Software Developer

PayU India had a silent layoff

Paypal fires 2,500 employees

Paytm employees warned of potential job losses after hit from RBI probe

https://economictimes.indiatimes.com/industry/banking/finance/paytm-employees-warned-of-potential-job-losses-after-hit-from-rbi-probe/articleshow/110325892.cms

Download Economic Times App to stay updated with Business News -
 https://etapp.onelink.me/tOvY/135dde21

More layoffs at PayTM

Is there any one from Paytm , who can confirm if there’s a silent layoff happening there. I have an offer as SSE , but have heard from multiple people that work culture is detoriating very fast and almost 20% are undergoing PIP.

Layoff at Paytm

Tech Lead

There are news that massive layoffs are coming in Paytm. HR and Business Heads have been given targets - average 30% reduction expected across all teams. #bravenewworld

Massive Layoffs Coming - Paytm

Poor timing !! Festive season, Christmas/new year and these layoffs. 
   
 It's a remainder for everyone that companies won't even think twice before laying you off. So stop making any company your dream or glorifying it.

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Paytm layoffs

Is there any Layoff at Paytm?

Corporate Strategist

Given what RBI has gone today is effectively shut down 60-70% of Paytm’s business, to survive, Paytm will end up doing mass layoffs of a scale that we haven’t seen before in India. And potentially with limited severance (not as generous as what swiggy or Big tech has been doing)
What would this mean for the rest of job market? So much unemployment in high earning folks, limited new jobs, means very tough competition for each opening and extremely bad situation in terms of appraisals and hikes too.

Paytm layoffs? Impact on job market

Hi Guys,

Affected  by recent paytm layoff
Any leads for SDE1/backend dev role would be really help full

#laidoff
#backend 
#SDE
#Java
#Springboot

Paytm Laid off

I'm finding it difficult to understand the situation. A friend, who is a BI developer, was laid off by PayPal, and on the same day, my wife received a call from them for the same role.

Next: The hiring manager is pressuring her to complete all interview rounds (4) within 2 days, even making remarks about her inability and calling her unprofessional and showing lack of interest for not completing assignments on weekdays.

Horrible Layoff’s in PayPal India.

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