Search for: Layoff

Prosus eyes PayU IPO in 2025 after Swiggy's successful listing

14 Nov 2024, 20:06 PM

A day after the stellar listing of its portfolio company Swiggy, Prosus said it is aiming to list fintech firm PayU in 2025. The Gurugram-based payments comp...

Paytm to become AI-first company: Vijay Shekhar Sharma

11 Jul 2025, 23:18 PM

Vijay Shekhar Sharma, the founder of Paytm, has said that the fintech company will transform into an AI-first company, a trend seen across tech companie...

Decoding Stashfin: Business, funding, and culture struggles — can Paytm veteran turn it around?

06 Jan 2025, 14:19 PM

Two months ago, we learned that a top executive from Paytm, along with his team, has joined a Gurugram-based digital lender. That executive is none othe...

PayU lays off close to 100 employees from credit team: sources

27 Sep 2024, 12:39 PM

PayU Finance, the non-banking financial company (NBFC) unit of payment service provider PayU, laid off around 100, or a third of its staff, on Tuesday, ...

Exclusive: Bajaj Finance reworks PoS strategy as regulatory landscape shifts

27 Nov 2025, 14:18 PM

Inside BharatPe’s tech overhaul as it preps for 2026 IPO

02 Jun 2025, 17:20 PM

[The Head and Tale is now on Whatsapp. Click here to join our channel and stay up...

Watergate's legacy meets the scarcity of money and the rise of AI

20 Feb 2026, 18:49 PM

Microsoft saves $500 million with AI while cutting jobs

10 Jul 2025, 21:58 PM

A top executive at Microsoft revealed internally that AI has helped the tech giant save more than half a billion dollars last year in its call centre al...

What went wrong with payment aggregator plans of Stripe, Zomato?

04 Jun 2024, 10:23 AM

Last week, the world’s most valuable fintech company, Stripe, decided to scale back its India domestic payments plans due to regulator...

Wibmo CEO Suresh Rajagopalan resigns: sources [Exclusive]

11 Oct 2024, 01:51 AM

Suresh Rajagopalan, chief executive officer of Wibmo, a PayU company, has resigned, according to three people familiar with the matter who spoke to The ...

Paytm employees see single-digit remuneration hike; headcount falls 10%

06 Aug 2025, 12:44 PM

Employees of One97 C...

Open, but not Transparent: Inside the Cracks at India’s 100th Unicorn

25 Jul 2025, 00:02 AM

When fintech firm Open Financial Technologies hit the coveted $1 billion-mark valuation in 2022, it wasn’t the birth of just another ...

IRCTC enters payments where giants bleed; RIP of RIP in AI

01 Sep 2025, 11:45 AM

Exclusive: Former PayU India executive's startup Zinc shutting down operations?

25 Sep 2025, 13:13 PM

Zinc, a global wealth-tech startup founded by former PayU India credit chief Prashanth Ranganathan, is shutting down operations less th...

Clear cuts software engineers and IIT freshers in major restructuring

05 Aug 2025, 19:10 PM

Clear, a venture capital backed online taxation and fintech software provider, has laid off around 25%, or 150-200 of its workforce, two people aware of...

Simpl lays off 80-100 employees after RBI crackdown

03 Oct 2025, 13:19 PM

Buy-now-pay-later (BNPL) startup Simpl has laid off 80-100 employees, media reports said.The layoffs came just days after

Exclusive: Paytm’s payment aggregator unit fires all senior executives

28 Oct 2025, 14:59 PM

Paytm denies any such development. Their responses are below.Paytm Payments Services Limited (PPS...

Amazon cuts 16,000 jobs

29 Jan 2026, 16:33 PM

Amazon has announced that it will cut 16,000 corporate positions across the company amid increasing adoption of AI globally.Th...

[Update]: LazyPay clarifies buy-now-pay-later service halt to merchants

13 Nov 2024, 15:26 PM

Story has been updated with a clarification issued by LazyPay that it has not received any such letter from RBI

Exclusive: PayU chief business officer Sudhir Sehgal quits

07 Jan 2025, 17:02 PM

Sudhir Sehgal, chief business officer at PayU, has resigned, three people confirmed to The Head and Tale.