Sadly a huge layoff in the cards, in next 15 days. Please start looking out even id you feel that slightest chance it’s not gonna be you.
Founder lied a big time earlier
How did you get to know about this? And the roles are terminated immediately or given some garden leave till termination?
So many revenue lines will stop now.
MDR income from wallets NPCI Incentive for UPI which their payment bank used to get Interest on float income of deposits of wallets and fast tag balances Commission on fast tag ONDC is a separate entity altogether
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...
Actually, these are not layoffs. They recently changed their PIP policy and set a " at least 10%" quota for compulsor...
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 ...
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
Poor timing !! Festive season, Christmas/new year and these layoffs. It's a remainder for everyone that compani...
They're citing AI is the reason for layoffs as if they've invented AGI LOL
Will this affect engg and product also? Or only business
