Tag: Paytm
Voluntary resignation news surfaces amid Paytm restructuring
In a recent development, One97 Communications, the parent company of Paytm, will be cutting roles as a part of its annual appraisal process. Additionally,...
Employees on edge as layoff rumours spread at Paytm
As a part of its annual appraisal cycle, Paytm is reportedly considering a significant reduction in its workforce. The platform is said to be...
Stressed out Paytm employee fears layoff, takes own life
Gaurav Gupta, an employee of Paytm Payments Bank, Indore, hanged himself on 26 February at his home. The reason? Well, it was the stress...
Paytm founder assures no job cuts despite RBI restrictions
On 31 January 2024, the Reserve Bank of India (RBI) directed Paytm Payment Bank (PPBL) to halt certain key services, such as customer deposits,...
Paytm’s 2024 vision: major advances in AI, a restructured workforce
Paytm is reducing its workforce, and Vijay Shekhar Sharma, CEO, Paytm, believes that the need for employees may decrease because the company is focusing...
1000 jobs fall prey to AI at Paytm
Looks like artificial intelligence performed even better than expected, so much so that it has rendered at least a thousand jobs at Paytm redundant....
Paytm employees to get 51,619 equity shares as ESOPs
Paytm India's digital payment sector has announced, on July 6, 2023, the issuance of equity shares as part of its employee stock option plan...
LocoNav appoints Manav Jain as CHRO
LocoNav, the AI-driven full-stack ?eet software company, has appointed Manav Jain as chief human resource officer.
In this role, Jain will be responsible for creating...
PhonePe files FIR against 3 ex employees
A complain has been filed by PhonePe, the digital payments firm, against three people who they claims to be employees of Paytm, the rival...
Paytm founder tries to attract talent by providing remote work option
The founder of Paytm, Vijay Shekhar Sharma, has tweeted that Paytm allows remote working for certain roles and has urged people to check out...
Paytm grants 3.97 mn new stock options to employees
One97 Communications, parent company of Paytm, has granted 3.97 million stock options to its employees, primarily senior employees, at an exercise price of Rs...
Paytm rolls out 145 offers to freshers in tier 1 colleges
One97 communications which owns the Paytm brand has rolled out 145 offers to freshers from tier one colleges to strengthen its team and attract...
Paytm to train 6000, offer jobs to eligible candidates
Paytm, the digital payment company, will train 6000 individuals over three years, to make them ready for the fintech domain. The tech company has...
LEAD School takes on Rohit Thakur as CHRO
LEAD, the edtech and education institute, has hired Rohit Thakur as its new CHRO. Thakur comes with more than two decades of experience in...
Paytm’s VP- talent & OD, Vishal Shah, leaves, joins Indegene
Paytm's vice president - talent and organisational development, Vishal Shah, has left the organisation after one and a half years. He has now joined...
Paytm to double ESOP pool from 24 mn to 61mn equity...
Earlier, 166 employees of Paytm, including existing and former staff members, had converted their employee stock options to shares. With shareholders approving the expansion...
Paytm to help staff convert ESOPs into shares
Paytm is preparing to help employees convert their employee stock options (ESOPs) into shares before it launches its IPO this year. The digital payments...
Paytm will hire 20,000 sales executives
Paytm is planning to hire sales executives all across India. This decision comes in a bid to fulfil the Company’s mission to educate merchants...
Rohit Thakur, Paytm’s CHRO, quits
Paytm is seeking approval for its approaching IPO at a meeting, ahead of which it has witnessed major changes in its Board. Rohit Thakur,...
Paytm expands ESOP pool, to offer stock options to more staff
Paytm, the digital financial services firm, has expanded its existing employee stock ownership plan(ESOP) pool by 2,42,904 stock options. Its ESOP valuation now stands...
20-25% Paytm staff to continue WFH in the future
Paytm has realised that with remote working, new hires can be taken on from small cities, without them having to relocate to its offices...
Paytm on a hiring spree, to expand workforce by over 1000
E-commerce major, Paytm, today announced that it is in the process of hiring over 1000 engineers, data scientists and financial analysts among other positions...
Paytm ensures business continuity, asks employees to give up leave benefits
The current crisis is the hardest time for businesses. It is testing their durability like never before. While companies are considering laying off employees...
Paytm ropes in Vishal Shah as VP-talent and organisational development
E-commerce and fintech major, Paytm, has appointed Vishal Shah as the new vice president of talent and organisational development in the Company.
With almost two...
Vijay Shekhar Sharma steps down as director, Paytm Financial Services
Vijay Shekhar Sharma has resigned as director, Paytm Financial Services. Rohit Lohia, who joined Paytm in June, 2019, as vice president of Paytm’s lending...
Paytm appoints Rohit Thakur as CHRO
Rohit Thakur has joined Paytm as the new chief human resource officer. In his new role, Thakur will be responsible for heading and leading...