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PAYTM LAYOFFS
Amazon primes a Blinkit showdown; New insurance models prop upHappy Tuesday! Amazon's late but strong push into quick commerce is unsettling market leader Blinkit. This and more in today's ETtech Morni...- Deeptech bets heat up; Paytm, PB Fintech, Meesho earningsHappy Thursday! VCs are doubling down on India’s deeptech, with early-stage bets leading the charge. This and more in today’s ETtech Mornin...
- Mutual funds buy new-age dip; Infy CEO interviewHappy Thursday! Mutual fund inflows into listed new-age companies rose due to valuation adjustments and FPI selloff. This and more in today...
- Paytm to become an AI-first company: Founder Vijay Shekhar SharmaSharma said that as most jobs done by humans will be done by AI, the focus should be on building core products. He added that the goal for ...
- Layoffs in 2024: These startups grappled with workforce cutsThe year witnessed notable layoffs, with numbers ranging from a few hundred to a few thousand, at companies like Ola Electric, Paytm parent...
- Tech layoffs in 2024: Apple, IBM, Intel and Microsoft announce job cutsLayoffs in 2024: Tech firms have ramped up layoffs to manage expenses, with Intel, Microsoft, and Match Group cutting significant numbers o...
- Labour ministry settles Paytm employee’s layoff grievanceIn a statement issued on Wednesday, it said that its regional labour commissioner, Bengaluru resolved the grievance to the satisfaction of ...
- Paytm parent gets labour ministry notice for alleged forced layoffsThe labour commissioner of Bengaluru has summoned the company representatives and complainants to present their cases.
- Vijay Shekhar Sharma breaks silence on why senior-level employees are leaving Paytm; here's what he saidOne97 Communications, the parent company of Paytm, underwent layoffs in June without specifying the number affected, offering outplacement ...
- Paytm employees cry foul after being asked to quitPaytm layoffs: Following the RBI's decision to terminate Paytm Payments Bank and the wallet business, numerous employees are being asked to...
- Startup layoffs in 2024: Ola Electric, Byju’s, Flipkart among firms shedding jobsIndian startups and large new-age companies have been cutting down their workforce since the beginning of this year.
- Paytm refutes layoff reports as SVP Praveen Sharma steps downOne97 Communications Ltd (OCL) announces Praveen Sharma's resignation as Senior VP at Paytm. Sharma steps down for new opportunities after ...
- Paytm Payments Bank to cut about 20% of staff as business halt loomsPaytm, formally known as One 97 Communications, owns a 49% stake in the bank which was ordered by the Reserve Bank of India (RBI) at the en...
- Paytm shares rebound; Tata builds India’s first spy satelliteTroubled fintech major Paytm has seen a rebound in its stock, which jumped over 10% in the last two trading sessions. This and more in toda...
- Amidst workforce layoffs, Paytm CEO Vijay Shekhar Sharma shares to-do list for 2024; unveils major AI updatesPaytm CEO Vijay Shekhar Sharma reveals a comprehensive 2024 plan, prioritising major Artificial Intelligence (AI) upgrades following signif...
- ETtech Exclusive: Paytm lays off over 1,000 across units amid cost-cuttingAt least 10% on payroll hit in one of year’s biggest startup layoffs. Paytm spokesperson disputed the number of fired employees, but acknow...
- MeitY ban on loan apps includes non-Chinese players too; Dell to lay off 6,650 employeesOn Sunday, the Indian government issued orders to block 138 betting and gambling apps and 94 loan providing apps due to foreign links on an...
- Sandhya Devanathan is Meta India’s new head; Amazon begins mass layoffsMeta appointed Sandhya Devanathan as its India head on Thursday, a week after WhatsApp India chief Abhijit Bose left the technology firm, c...
- Paytm temporarily adjusts employee leaves for smoother opsPaytm said this move will not only have a positive impact on the balance-sheet but will also help the company ensure that it continues with...
- Paytm sniffs deal in laid-off talent from Snapdeal and Stayzilla"We are recruiting for our marketplace and the bank. So, trained and domain experts are welcome. We believe startups have great people," a ...
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