Paytm Takes Cost-Cutting Measures: 1,000 Employees Laid Off

In a significant move to streamline operations and cut staff costs by 15%, Paytm’s parent company, One 97 Communications, has initiated a major layoff affecting over 1,000 employees. The decision follows Paytm’s exit from small-ticket consumer lending and the ‘buy now pay later’ segment due to regulatory changes by the RBI. This strategic move is […]