Paytm devs working on PPB...how is the office environment now?

A friend is thinking of taking a senior level role there; and is keen to know how’s the work and culture there.

Can someone confirm about Paytm layoffs? Are layoffs only happening at PPBL or Paytm overall as well?

A friend reached out to someone at Paytm's marketing department for a referral and she said she no longer worked there and wouldn't suggest Paytm as an organisation. She refused to reveal any more information about it, so I'm just curious

1. some people are pressured into resigning under the guise of poor performance, despite years of dedication. 2. sudden demand for employees to work from the office on specific days, hinting at wanting people to quit on their own. 3. layoff happening as reported by media (and internal group on grapevine), still unclear on how deep the cut will be can be from 20% or above; numbers are speculative, lets wait and watch, many have started getting the calls from HR; shabbily handled. 4. let's not talk about increments 🤡 🤞🏻 lets see what happens today and in the next few weeks; hope things become better

As per latest press release OCL, will completely move its services to other bank and will only bank with other bank. Cutting ties with their own subsidiary is something which is unheard of. I am sure paytm payments bank will be back after some cool off period and some fines. I guess this is all done to manage their stocks 📉 https://www.bseindia.com/xml-data/corpfiling/AttachLive/02a4a3a1-8cc0-4cde-a35f-d4f70ca98377.pdf

A subsidiary of Paytm, it has been hit by a string of exits in Senior leadership in last 6 months CFO: Amit Kapoor, gone Head of Mutual Funds: Nisharg Golash, gone Head of Product: Manish Reddy, gone Head of Growth: Sourav Choraria, gone Head of Marketing: Divya Chakravarthy, moved internally Head of Compliance: Sudhendoo Gandhi, moved internally You can search these people on LinkedIn to verify. This is a result of an increasingly toxic work culture where performers are penalized with more work while slackers make merry. This culture is driven from the top with current senior leadership who haven't left the firm have survived by the virtue of sycophancy. Instead of firing people, they are being asked to resign so that the company is not in news. I've personally seen this in co's rev teams, a new CTO has been hired from within Paytm. Employees are given 'negative ratings' in appraisal, which the CEO called 'an HR experiment'.

What's happening in the company? Is there a comeback plan in action? Are you guys working on shifting the existing merchants to a different bank? Give us some insider info👀

Is anyone here working for Paytm? I need a referral.

I have an interview for a backend engineer role at Paytm. I have heard different things here and there about the org. Paytm people please help me decide if I should consider preparing for this interview with my full force. PS, I am currently getting 9lpa base as a fresher