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Fintech giant Paytm's parent company, One97 Communication, has laid off 100s of employees across verticals due to the firm's implementation of Artificial Intelligence (AI) to bring automation in its process and ensure cost-cutting.
He told the employees that one of his objectives is to establish "a stronger technology company that can build better products faster"
Although some sectors like BFSI (+3 per cent), Travel & Tourism (+2 per cent), and Import/Export (+13 per cent) experienced a boost on a month-on-month (MOM) basis, other sectors, such as Logistics, Home appliances, and Oil and gas, saw a significant decline. �� Startups Hiring Data: Despite Annual Drop in E-Recruitment Job Opportunities Increasing in Startups, These Sectors Experiencing Positive Growth.
Popular chatting platform Discord has updated its username system to make it easier for users to connect with their friends and to give them more control over their identity on the platform. �� Discord Username Update: Chatting Platform Updates Its Username System, Removes 4-Digit Suffix To Make It Easier for Users.
More than 90% of the freshers have accepted lower salary options at Wipro in order to fast-track onboarding, according to Wipro’s Chief Financial Officer Jatin Dalal. �� Wipro Salary Cut: Over 90% Freshers Accepted to Join Company At Lower Salary, Says CFO Jatin Dalal.