Start-up layoffs an opportunity to hire top talent for others

Execs at Paytm say they've already got 350-450 resumes from Snapdeal and sister concern Freecharge

Karan Choudhury  |  New Delhi 

Making the most of the crisis and in the process playing white knights to the hundreds of professionals, companies such as Paytm, MobiKwik and a host of IT firms are offering jobs to those laid off by e-commerce players such as Snapdeal, Stayzilla and Tolexo. According to these companies, resumes of data analysts, marketing, business development and other professionals have already started pouring in large numbers. On Friday, Vijay Shekhar Sharma of online mobile wallet major Paytm, tweeted that his company would 'welcome them with open arms'. "Hello, Tech/Product ...

TO READ THE FULL STORY, SUBSCRIBE NOW AT JUST Rs 149 A MONTH

Key stories on business-standard.com are available to premium subscribers only.

LOGIN

EMAIL / USER NAME
PASSWORD
REMEMBER ME Forgot password?
LOGIN

Not a member yet ? Resister Now

Connect using any below

  • Don't lose the opportunity of saving $26.77 per month
  • Don't lose the opportunity of saving $26.77 per month
Total Amount
Rs. 0.00
To proceed, kindly select a subscription package

WHAT YOU GET

On Business Standard Digital

  • Access your subscription from anywhere. Be it your computer, tablet or smartphone using a browser or the App, Your Choice.
  • Access to exclusive content, features, opinions and comment, hand-picked by our editors, just for you.
  • Pick your 5 favourite companies. Get all the news upates at the end of each day through E-Mail.
  • Pick the industry that you want to track. And get a daily news letter specific to that industry. Cut out the clutter.
  • And stay on top of your investments. Track stock prices in your portfolio
  • Access 18 years of archival data

On Digital

  • Seamless access to WSJ.com with your Business Standard digital account.
  • Experience the best of the Journal's reporting, video and interactive features.
  • Read about the people and events shaping business, finance, technology, politics, technology and culture.
  • Stay informed with newsletters - an easy way to get WSJ content straight to your inbox - making life easier on your busiest days.
  • More business executives read the Journal globally than any other publication.
*Note :
Our Partners are proud to be associated with this initiative and will contribute Rs 100 x 6 months thereafter, standard rate of Rs 149 will be charged.
Offer valid for Indian residents only
Requires you to share personal information like PAN, Date of Birth, and Income.
*Annual saving on WSJ subscription price of US$ 347.88 (12 months @ US$ 28.99 per month)
* 1US$ = 67.50 INR.
*Please note that this offer is not valid if you are/were a registered/existing user on WSJ Digital

Start-up layoffs an opportunity to hire top talent for others

Execs at Paytm say they've already got 350-450 resumes from Snapdeal and sister concern Freecharge

Making the most of the crisis and in the process playing white knights to the hundreds of professionals, companies such as Paytm, MobiKwik and a host of IT firms are offering jobs to those laid off by ecommerce players such as Snapdeal, Stayzilla and Tolexo.According to these companies, resumes of data analysts, marketing, business development and other professionals have already started pouring in large numbers. On Friday, Vijay Shekhar Sharma of online mobile wallet major Paytm, tweeted that his company would 'welcome them with open arms'. "Hello, Tech/Product ppl in Delhi NCR, feeling heat of business restructuring? We welcome you @Paytm and @PaytmMall with open arms," he tweeted (sic.). One97 Communications the parent company of Paytm wallet, Paytm marketplace as well as Payments bank is on a rapid expansion mode. It would soon start its much awaited payments bank, as well as launch a brand new marketplace app PaytmMall and needs at least 700-1000 new professionals.Senior ... Making the most of the crisis and in the process playing white knights to the hundreds of professionals, companies such as Paytm, MobiKwik and a host of IT firms are offering jobs to those laid off by e-commerce players such as Snapdeal, Stayzilla and Tolexo. According to these companies, resumes of data analysts, marketing, business development and other professionals have already started pouring in large numbers. On Friday, Vijay Shekhar Sharma of online mobile wallet major Paytm, tweeted that his company would 'welcome them with open arms'. "Hello, Tech/Product ... image
Business Standard
177 22