Asked to quit, Paytm employees cry foul

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Facing an uncertain future in the wake of RBI’s decision to put an end to Paytm Payments Bank and the wallet business, scores of employees are being asked to “voluntarily resign” without being given any prior notice, several have been denied severance pay and many are being asked to pay back their joining and retention bonuses to the company, several former and present employees of Paytm told TOI.