Paytm plans to hire 4,000 employees in AI and merchant expansion while cutting 400 roles amid restructuring efforts.

Paytm plans to hire 4,000 employees in AI and merchant expansion while cutting 400 roles amid restructuring efforts.

The increase would mark a roughly 10% increase in its headcount that stands at about 40,000 employees. Paytm is also laying off 1% of its staff, or about 400 people, after the…

The company has been revamping its business after Indian regulators targeted its banking affiliate two years ago. Read more at straitstimes.com. Read more at straitstimes.com.

Paytm plans to boost its workforce by 10%, hiring 4,000 employees over nine months, while cutting 1% of roles following performance appraisals as part of its AI-driven pivot.

Paytm plans to hire 4,000 employees by 2027 to strengthen AI, merchant services, and digital payments amid fintech growth in India.