Okay okay, but stock price is bad - Chief Technology Officer (CTO) Paytm Labs Employee Review

-cutting edge technologies -flexible work hours -located in the heart of downtown toronto -friendly people

-some days can be messy -interns don't get paid as much as other companies in toronto

The engineering team was really talented.

I would strongly caution anyone considering this company. The workplace culture is toxic, starting with the leadership team, who exhibits authoritarian behavior and treats employees as mere resources rather than valued contributors. Here are some of the key issues I encountered: Deceptive Flexibility Promises: During the hiring process, the hiring team assured me of flexibility, including the ability to work from home. Initially, we were required to come to the office only once a week. However, this quickly escalated—first to twice a week, and then to a mandatory five days a week without warning or consideration for employees needing to make arrangements. This abrupt decision-making process disregards employee well-being entirely. Sudden Layoffs: Just four days after implementing the five-day in-office policy, the company terminated 25% of its workforce. This decision demonstrated a complete lack of foresight and empathy, leaving remaining employees demoralized and insecure about their positions. Unreasonable Work Expectations: In one instance, employees were told to work two consecutive weeks without weekends. This decision was non-negotiable, illustrating a blatant disregard for work-life balance and personal commitments. Stifling Open Dialogue: During town halls, the leadership team pretends to welcome employee feedback but punishes or even fires those who voice genuine concerns. This practice has created a climate of fear where employees feel silenced and undervalued. The human resources department lacks transparency and professionalism. This further reflects the company’s lack of respect for employees' expertise and contributions. Overall, this company fails to provide a supportive, transparent, or fair work environment. If you value respect, work-life balance, and professional growth, I highly recommend seeking opportunities elsewhere.