Tag: Paytm EmployeeLayoffs StaffReduction CostCutting CorporateNews BusinessOperations
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“Paytm Implements Workforce Reduction, Cutting 1,000 Jobs to Reduce Staff Expenses by 15%”
One 97 Communications, the parent company of Paytm, has taken a significant step toward streamlining its operations and reducing staff costs by 15 percent. The move involved the dismissal of hundreds of employees, totaling more than 1,000 individuals across various departments within Paytm. Economic Times reported this measure, indicating that the company’s initiative, executed gradually…