Friday, 24 May, 2024

Paytm Considers Layoffs of Up to 6,300 Employees Amid Tech Sector Downturn

Paytm is reportedly planning significant layoffs, potentially cutting 5,000 to 6,300 employees. This move comes as part of a broader trend of downsizing in the tech sector, driven by economic challenges and a focus on optimizing operational efficiency. The layoffs are expected to impact various departments, aiming to streamline the company's workforce and reduce costs.