Year: 2024

Paytm Announces Potential Layoffs Following Significant Q4 Losses

In the wake of reporting substantial financial losses for Q4 FY24, fintech giant Paytm is expected to implement layoffs as part of a strategic cost optimization plan. The company, which reported a net loss of Rs 550 crore, is looking to streamline operations and focus on core business activities to navigate the challenging financial landscape. […]