Paytm to add 4,000 staff in AI and merchant push, stock climbs 2.5%
Paytm parent One97 Communications plans a 10% headcount expansion to roughly 44,000 by March 2027, prioritising merchant network growth and AI-led products. The fintech has already added 800 hires in two months, even as it trims 1% post-appraisal. Shares rose up to 2.49% to Rs 1,057.4.
Paytm plans to hire 4,000 employees, a 10% headcount increase, to expand merchant network and AI-driven products through March 2027, while laying off 1% post-appraisal. Shares rose up to 2.49% on the news.