Paytm management summoned by labour commissioner over layoffs

The move is in response to several employees of the fintech firm filing complaints alleging that they were forced to resign without notice or severance.

9 July, 20242 min
0
Paytm management summoned by labour commissioner over layoffs

You may also like

Internet
Story image

There’s more to Paytm’s optimistic results than meets the eye

Cost-cutting measures and growth from a low base make Paytm’s numbers appear better than they are. What comes next will be closely watched by investors who now have other fintech bets to consider.

Internet
Story image

An appreciation of the late-mover advantage

From electric vehicles to quick commerce, finance to retail, India continues to be a market where late movers can always catch up.

Internet
Story image

How Bumble, Tinder and Hinge ran away from Indians

American online dating companies have quietly put their India operations on the back burner, with cuts in team sizes and growth spends. What gives?