25-12-2023 05:32 PM | Source: Reuters
India`s Paytm confirms axing jobs in bid to cut costs
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One 97 Communications, parent of fintech firm Paytm, on Monday confirmed a "slight reduction in workforce" as part of cost-cutting measures, but did not specify a number.
Media reports had previously emerged around the non-bank lender cutting more than 1,000 jobs, which the company denied.
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