Layoff history

Paytm layoffs

2 announcements tracked3,900 jobs affected (reported)

  1. Layoff

    Cuts 400 jobs

    Paytm plans to cut around 400 roles, near 1 percent of staff, after its next performance review while hiring about 4,000 people in product, technology, and AI teams, per Bloomberg.

  2. Layoff

    Cuts 3,500 jobs

    Paytm cut 3,500 jobs in June 2024, which the article links to regulatory pressure from the RBI ban on Paytm Payments Bank and financial losses.