https://layoffcheck.com/companies/paytm Layoff and WARN notices reported for Paytm. en-us https://layoffcheck.com/companies/paytm#2024-06 https://layoffcheck.com/companies/paytm#2024-06-775 Mon, 10 Jun 2024 12:00:00 GMT Paytm reduced its sales headcount by approximately 3,500 in the quarter ending June 2024, bringing total personnel to around 36,521, as the Indian fintech company restructured following a severe regulatory blow. The Reserve Bank of India had ordered Paytm Payments Bank to stop accepting deposits, credit transactions, and top-ups effective March 15, 2024, cutting off a core revenue stream. Management described the effort as building "a leaner organisation" positioned for long-term sustainable growth. The company provided outplacement assistance through partnerships with more than 30 actively hiring firms and said outstanding bonuses were paid out to departing employees. Some workers reported being asked to resign voluntarily rather than being formally terminated. https://layoffcheck.com/companies/paytm#2023-12 https://layoffcheck.com/companies/paytm#2023-12-1140 Mon, 25 Dec 2023 12:00:00 GMT Paytm reported a workforce reduction in Noida in December 25, 2023. https://layoffcheck.com/companies/paytm#2020-04 https://layoffcheck.com/companies/paytm#2020-04-4091 Tue, 21 Apr 2020 12:00:00 GMT Paytm reported a workforce reduction in New Delhi in April 21, 2020.