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…