Monday , October 23 2017

Paytm throws lifeline to the ex-staffers of Snapdeal, Stayzilla

Paytm offers Huge job offers to the Ex-staffers of Snapdeal and Stayzilla.

Pink Slips that are handed over to the many workers by the companies like as Snapdeal and Stayzilla, competitor e-commerce company Paytm is walking into the ring by giving giant job offers to dismissed staffers.

Paytm

CEO and Paytm founder Vijay Shekhar Sharma tweeted: “Hello, Tech/Product people in Delhi NCR, feeling the heat of business restructuring? we welcome you @Paytm and @Paytm-Mall with open arms.”

The tweet did not refer to any name, it should be noted that last week Softbank-backed e-commerce firm Snapdeal declared scraping 500-600 workers across verticals whereas homestay-booking platform Stayzilla shut look.

CEO of Snapdeal Kunal Bahl admitted to having made mistakes in growing much before it could figure out the right economic model.

Struggling to extend recent capital, Snapdeal can stop all non-core events, weigh down employees strength to show profitable and scale back prices very.

Because of significant competition within the market, the Chennai-based on-line hotel room collector Stayzilla also determined to prevent its operations.

On the opposite hand, mobile pocketbook firm Paytm has seen a significant growth in business once the government’s move to demonetise high-denomination notes.

The company, that is scheduled to launch its payments bank before long, is hiring individuals for the most part across its areas.

A Paytm proponent aforementioned the corporate is increasing its e-commerce business, Paytm Mall, and has 250 vacancies. the company that became a house name within the immediate aftermath of demonetisation can fill positions across the hierarchy—from senior managers to vice-presidents.

We are recruiting for our marketplace and the bank: thus, trained and domain experts are welcome. we tend to believe startups have nice individuals and that they can work well in our entrepreneurial culture,” the proponent said in an email. Moreover, Anjali Jain of EVC Ventures offered jobs through her LinkedIn post: “Snapdeal workers that are being laid off that live in Gurgaon, please contact”

Gurgaon-based startup OfBusiness, an online marketplace for business-to-business (B2B) commerce, has received over a hundred CVs from Snapdeal employees. “They are now going through the normal hr process of hiring,” said Bhuvan Gupta, chief technology officer.

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