Layoff 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.
My friend was an early stage employee at Paytm. He stayed for 4+ years, built a lot of what Paytm is today.
Working with the founder effed up his mental health beyond repair. One fine day, he left for Ladakh without informing anyone and when contacted, asked them to terminate him as he had decided not to return and not to serve his notice. He is doing well now, but he has to visit his therapist every week.
Paytm has had one of the worst cultures since its inception.
I can confirm from a reliable source that people were PIPed in PayTM in the past month and asked to resign.
I know someone who was laid off in 3 months (no POSH, no indiscipline).
Isaiah Lee
Stealth
a year ago
When was this? Very recent?
PayTM is killing it in lending, share prices have reached IPO listing day price, they were also briefly profitable according to their last results
Coy Lee
Stealth
a year ago
When did paytm share price reach IPO listing level?
Its briefly at half of IPO listing price! Forget about getting to IPO price😒
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My friend who is a sse at paytm told me that they don't do layoffs. Pip can happen but layoff wala khel nhi hota. He wad in paytm money
You got laid off from Paytm Money!? Few of them were recently moved to Paytm. Looks like it's only getting worse at PML
Dezi Lee
Student
a year ago
Can confirm. A friend has just been laid off.