Paytm is laying off 400 employees, about 1% of its workforce, while hiring 4,000 people over nine months for AI and product roles. The pivot follows regulatory crackdowns on its banking affiliate. CEO Vijay Shekhar Sharma aims to expand merchant networks and AI-driven financial services.
Tap to vote and see what everyone thinks.
JPMorgan poaches Nomura AI chief Tahir Zafar
Summary by ByteBrief