Layoffs in 2023: Paytm s parent company, One 97 Communications, has reportedly laid off over 1,000 employees as part of a cost-cutting strategy, following a realignment of its businesses and recent declines in stock prices.
India Business News: 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 workf
Paytm's parent company One97 Communication has laid off 100s of employees across verticals including sales and engineering, due to the firm's implementation of Artificial Intelligence (AI) to bring automation in its process and ensure cost-cutting.