Paytm to add 4,000 hires by March 2027 in AI, merchant push; stock up 2.5%
Paytm will expand headcount by 10% to scale AI, merchant acquisition and financial services, even as 400 roles are cut post-appraisal. Shares rose 2.5% to ₹1,060 after four straight profitable quarters, though stock remains 50% below IPO and down 11% over the past month.
What happened
Paytm plans to hire 4,000 employees by March 2027 to boost AI, merchant expansion and financial services, while cutting 400 roles post-appraisal. Stock rose
Key facts
- 4,000 hires by March 2027
- 400 layoffs
- 40,000 current workforce
- 10% workforce increase
- 800 added in last two months
- stock up 2.5% to ₹1,060
- down 11% past month
- up 7% YoY
- 50% below IPO price
Why this matters
Paytm's aggressive AI and financial services hiring push could intensify competition for fintech talent and signal M&A appetite in merchant acquisition adjacencies.