Paytm fires over 1,000 employees across units; at least 10% on payroll hit: Report
Monday, 25 December 2023
Paytm has laid off over 1,000 employees in an effort to reduce costs and realign its businesses. The job cuts, impacting at least 10% of Paytm's workforce, come after the company's withdrawal from small-ticket consumer lending and the 'buy now pay later' segment.
Paytm has laid off over 1,000 employees in an effort to reduce costs and realign its businesses. The job cuts, impacting at least 10% of Paytm's workforce, come after the company's withdrawal from small-ticket consumer lending and the 'buy now pay later' segment.
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