Layoffs at Paytm after deployment of AI solutions to boost efficiency; stock dips
[ad_1] Paytm parent One97 Communications Ltd. shares fell 2% in the early morning trade today after reports of the fintech major laying off a significant number of employees across departments after deploying artificial intelligence-backed measures to drive efficiency. “We are transforming our operations with AI-powered automation to drive efficiency, eliminating repetitive tasks and roles to…
