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WigglyRaccoon
WigglyRaccoon
Google

Which dept got impacted at Paytm?

https://www.indiatoday.in/amp/business/story/paytm-layoffs-1000-employees-filed-marketing-operations-team-ai-powered-automation-cost-cutting-2480172-2023-12-25

11mo ago
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BouncyMochi
BouncyMochi
Stealth11mo

Paytm loan business took a hit.. Assuming this layoff is an outcome.. I suspect it atleast.. They are using AI as cover..

WigglyRaccoon
WigglyRaccoon
Google11mo

You mean AI showing it’s true color? 🤷‍♂️

WigglyCupcake
WigglyCupcake
Stealth11mo

Mainly PL, but everyone got a little bit of the sprinkles.

FluffyNugget
FluffyNugget
Plivo11mo

Across all ? U want to know any specific

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Layoffs
Layoffs11mo

Paytm: AI led job loss

To all paytm folks and people having first hand knowledge of this matter: how true is the statement that the 1k layoffs are due to AI? or is it just a bs PR move to justify layoffs (like any other organisation)

Top comment
user

100% bullshit 😆 AI is like an easy target to blame. Truth is - They have accumulated insane NPAs in low t...

Layoffs
Layoffs16mo

Layoffs coming up at Paytm

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...