Got to know today that Paytm is planning to shut down a couple of products. Accompanied by 30-40% layoffs accros teams and verticals and reducing the tech force to less than half, it feels like Vijay is done with the payment business. There is no clarity on the PA license either and VP level folks are being asked to put in papers.
Two months notice period and leave encashment
Not paying LTIP also to one’s they are firing
Paytm = Byju’s
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 h...
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 ...
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...
Yes. I was the first casualty of the day
Can someone confirm about Paytm layoffs? Are layoffs only happening at PPBL or Paytm overall as well?
