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Paytm Can Fire Upto 6500 Employees To Save Rs 500 Crore

By Trak - 6 months ago

Paytm’s parent company, One97 Communications, is reportedly planning substantial layoffs, aiming to cut 5,000-6,300 jobs to manage costs better. This move comes as the company grapples with financial and regulatory challenges that have significantly impacted its revenue and profitability. Scope of Layoffs The layoffs, accounting for 15-20% of the workforce, could result in a reduction […]

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