A subsidiary of Paytm, it has been hit by a string of exits in Senior leadership in last 6 months CFO: Amit Kapoor, gone Head of Mutual Funds: Nisharg Golash, gone Head of Product: Manish Reddy, gone Head of Growth: Sourav Choraria, gone Head of Marketing: Divya Chakravarthy, moved internally Head of Compliance: Sudhendoo Gandhi, moved internally
You can search these people on LinkedIn to verify.
This is a result of an increasingly toxic work culture where performers are penalized with more work while slackers make merry. This culture is driven from the top with current senior leadership who haven't left the firm have survived by the virtue of sycophancy.
Instead of firing people, they are being asked to resign so that the company is not in news.
I've personally seen this in co's rev teams, a new CTO has been hired from within Paytm. Employees are given 'negative ratings' in appraisal, which the CEO called 'an HR experiment'.
Not sure if something is really wrong. I know for sure that Manish Reddy left to start off his own venture. Almost everyone got promoted to next role this year.
Know him personally, he was forced out after he disagreed over some critical decisions
I also know him personally, he along with Abhishek ( Senior EM ) started their own trading platform called Investo , https://www.investo.in/
Dayummm crazy
Wtf
They are downsizing big time, 2 months after over hiring internally and from outside. Lmao
It's even worse bro, I've heard the CFO had to resign after sebi caught them in some shady shit. It was all hushed and they paid a fine to stop it from coming in news.
Hey, people from which teams were laid off?
HR is having 15-20 meets everyday, anyone can confirm with their calendar.
Multiple HRs multiple laid off people. Zero severance. They are pressuring people to resign and saying you have to resign today itself!
Market is going to...
Hence whenever a company is hiring HRBPs, know that layoffs are around the corner. If a company is hiring TA folks, h...
Happy Friday! The weekend is almost here but the news never stops! šŖš¼
Here we go:
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In a move that's set to shake up Indi...
Paytm asked them for forced resignation, and requested back the joining / retention bonus from them for no fault of their own.
What leadership quality does the executives have - they don't know how to run a fintech company with complia...
