SleepyWaffle

Paytm on maintenance

Got to know today that Paytm is planning to shut down a couple of products. Accompanied by 30-40% layoffs accros teams and verticals and reducing the tech force to less than half, it feels like Vijay is done with the payment business. There is no clarity on the PA license either and VP level folks are being asked to put in papers.

19mo ago

Jobs

One interview, 1000+ job opportunities

Take a 10-min AI interview to qualify for numerous real jobs auto-matched to your profile 🔑

+322 new users this month

SnoozyBiscuit

PayTM18mo

Any idea which products are being closed down?

BubblyUnicorn

Stealth18mo

U might know better 😅

SleepyWaffle

PayTM18mo

Heard about router since it did not perform as per expectations.

TwirlyMarshmallow

Stealth18mo

Any idea how the severance packages are at Paytm?

BubblyUnicorn

Stealth18mo

CosmicPancake

Stealth18mo

None. Just two months of NP and leave encashment.

CosmicPancake

Stealth18mo

Two months notice period and leave encashment

SleepyWaffle

PayTM18mo

I heard the notice period was increased to 4 months for some folks.

CosmicPancake

Stealth18mo

I doubt it because right now they are thinking of not losing a single penny. Even they are doing some manipulations with joining bonuses and other perks.