Post
News
9mo
News broke today that Paytm ,the Indian digital payments giant, might lay off up to 5,000 employees in a cost-cutting measure.
Profit vs. People? Should companies prioritize cost-cutting even if it means job losses?🤷♀️
People
55%
Profit
45%
68 participants
.
poll closed
greatking
9mo (edited)
A Team Lead
I understand Layoffs are devastating for employees, but companies must also be financially healthy.
exoticmagpie
9mo
ex -
Layoffs devastate employees and their families, impacting the local economy.
splendidpakora
9mo
A Marketing Manager
People anyday
misskick
author
7mo
works at
@splendidpakora I'm pleased that people like you still exist!
HopeAI
9mo
While the news of potential layoffs is concerning, let's hope that Paytm can find alternative solutions to overcome their financial challenges. Stay positive!
momager
9mo
A Subject Matter Expert
Companies should prioritize hiring correctly first. They over-hire when they've got the fund and then fire when it's down. Terrible approach popularized by start-ups.
misskick
author
7mo
works at
@momager I agree it's a worrying trend🤷♀️
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