Blame it on AI? Paytm lays off 1000 employees; Goldman downgrades stock

Name: Blame it on AI? Paytm lays off 1000 employees; Goldman downgrades stock
Uploaded: 2024-01-15T11:28:44Z
Description: Paytm, a leading fintech company, recently underwent a significant layoff of over 1000 employees from various departments, including operations, sales, and engineering. The decision was attributed to the adoption of artificial intelligence aimed at enhancing efficiency.

Paytm, a leading fintech company, recently underwent a significant layoff of over 1000 employees from various departments, including operations, sales, and engineering. The decision was attributed to the adoption of artificial intelligence aimed at enhancing efficiency.