Paytm Slashes Workforce In Restructuring Process, To Provide Outplacement Support

One97 Communications, the parent company of Paytm, is planning to reduce its workforce and provide outplacement support for an easy transition, it said via a statement on Monday. The fintech firm didn’t reveal how many employees it is letting go in the process. According to a report by PTI, Paytm’s sales employee headcount in the…

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Tech Giant Fire Nearly 100 Employees From Cloud Division, Says Report

Google Layoffs: Alphabet, Google’s parent company, is reportedly laying off multiple employees across several teams within Google’s cloud division, which is one of its fastest-growing sectors. Last week, the company informed its employees about the cloud-related reductions, as per internal communications seen by CNBC. Roles in sales, consulting, “go-to-market” strategy, operations, and engineering are among…

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