Firms play white knight to those given pink slips

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

Playing the white knight to hundreds of professionals, several e-commerce and software companies have come as a glimmer of hope in the ongoing lay-off season. Online companies such as Paytm and MobiKwik, as well as a host of information technology (IT) firms, are offering jobs to those sacked by e-commerce players such as Snapdeal, Stayzilla and Tolexo.

Resumes of data analysts, marketing, business development and other professionals are being vetted by companies looking for experienced hands. On Friday, Vijay Shekhar Sharma, founder and chief executive officer (CEO) of Paytm, tweeted that his company would ‘welcome them with open arms’. “Hello,