So get this, Paytm just axed over 1,000 employees because they’re ramping up their AI game and they don’t need as many people. According to this report I found, it looks like they’re trying to cut costs and improve efficiency by automating a bunch of their tasks. They’re saying they can save like 10-15% in employee costs. Plus, they’ve been making big changes to their lending team and it’s causing quite a stir. Stocks even took a 20% hit. Crazy stuff, man.