Indian payments giant Paytm's parent company to lay off staff:- www.deekpay.com

　　According to a report by Titanium App, One 97 Communications, the parent company of Indian payments giant Paytm, will be making minor layoffs in order to cut costs. While the company did not specifically disclose the number of layoffs, the measure suggests that One 97 Communications is taking action to optimise its cost structure in the face of possible economic pressures and market challenges. Layoffs are one of the common coping strategies for companies facing financial pressures.