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Paytm plans 10% staff increase in AI pivot, to lay off 400 - The Economic Times
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 current performance appraisal cycle, a company spokesperson said. The cuts follow more substantial reductions in the previous year.
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thehindubusinessline.com
Paytm plans 10% staff increase in AI pivot with some roles cut
Paytm plans to hire 4,000 employees in AI and merchant expansion while cutting 400 roles amid restructuring efforts.
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economictimes.indiatimes.com
Paytm plans 10% staff increase in AI pivot, to lay off 400 - The Economic Times
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…
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straitstimes.com
India’s Paytm plans to hire 4,000 people in AI pivot as it cuts 400 staff
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.
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newsbytesapp.com
Paytm to increase its headcount by 10%
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.