Digital Payment Giant ‘PAYTM’ lays off over 1000 employees; implements AI automation tech

Digital Payment Giant 'PAYTM' lays off over 1000 employees; implements AI automation tech

BANK NEWS Seeing the AI craze, where companies are finding solutions with Artificial Intelligence in their operations, some people are suffering from job loss.

New Delhi: Paytm, one of India’s leading digital payment platforms, has recently made headlines with its decision to lay off over 1000 employees. The move comes as the company implements AI automation technology to streamline its operations and improve efficiency. While this development showcases Paytm’s commitment to innovation and growth, it also raises questions about the impact of automation on job security. In this article, we will delve into the reasons behind the layoffs […]

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