Layoff · Dec 25, 2023

Paytm cuts 1,000 jobs

DateDec 25, 2023

CountryIndia

ReasonAI / automation

IndustryFintech

People affected

1,000

Coverage

2 sources reporting this layoff. Previews load live from each site.

Business Today
Paytm lays off over 1,000 employees, impacting 10% of its headcount: Report - BusinessToday
The layoffs at Paytm are likely to affect at least 10 per cent of the overall headcount, and is believed to be among the steepest job cuts by an Indian new-age tech firm this year.
businesstoday.in
Deccan Herald
AI is here for your jobs: Paytm lays off 1,000 workers amid automation push
In 2021, Paytm had let 500 to 700 employees go based on non-performance.
deccanherald.com

Business Today

Paytm lays off over 1,000 employees, impacting 10% of its headcount: Report - BusinessToday

The layoffs at Paytm are likely to affect at least 10 per cent of the overall headcount, and is believed to be among the steepest job cuts by an Indian new-age tech firm this year.

businesstoday.in

Deccan Herald

AI is here for your jobs: Paytm lays off 1,000 workers amid automation push

In 2021, Paytm had let 500 to 700 employees go based on non-performance.

deccanherald.com