Paytm lays off employees as part of restructuring exercise, disburses bonus
The Free Press Journal|June 11, 2024
One97 Communications Limited (OCL), which owns the Paytm brand, has begun to lay off an undisclosed number of employees amid a restructuring exercise, along with facilitating outplacement assistance to those affected.
Paytm lays off employees as part of restructuring exercise, disburses bonus

The company said in a statement that it is also disbursing bonuses which were due to employees, "ensuring fairness and transparency in the process."

"One97 Communications Limited (OCL) is providing outplacement support to employees which have resigned as a part of the restructuring efforts by the company," it said.

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