Stuck between a rock and a hard place, Paytm set to downsize

A Paytm spokesperson called the decision to let go of employees across departments a “routine aspect of performance evaluations”.

13 March, 20241 min
0
Stuck between a rock and a hard place, Paytm set to downsize

You may also like

Business
Story image

Maruti’s comfort zone is now its biggest risk

A revival in small-car sales has restored the automaker’s advantage, but tougher fuel-efficiency norms threaten to turn its greatest strength into a liability.

Business
Story image

Yes Bank’s succession problem is a board problem

As Prashant Kumar’s term runs out, boardroom fault lines have left the lender with no clarity on its next CEO—spooking investors and drawing the RBI’s ire.

Business
Story image

JSW Energy’s acquisition engine is working—and that is a worry

Rapid asset purchases are driving generation growth, but rising debt and weaker cash flows are testing investor confidence.