Paytm Layoffs Update: Centre summons One97 Communication management over ‘forced termination’

Crisis-hit Paytm is in the news again. Centre has reportedly summoned the management of One97 Communication, the parent company of Paytm, over the reports of ‘forced termination’ of staff. According to a news report by Moneycontrol, Regional Labour Commissioner of Bengaluru has issued summons to One97 Communication management.

The notice by the government body, which falls under the Ministry of Labour and Employment, was issued after a series of complaints lodged by staff with the Ministry of Labour and Employment after reported job cuts. The employees have alleged the company of violating the rules and terminating them without any pay.