Livspace Cuts 1,000 Jobs Amid Shift to AI-Driven Model
— latestly.com
Key Takeaway
Livspace has laid off approximately 1,000 employees, which represents nearly 12% of its workforce, as the company transitions to an AI-driven operating model. Despite these job cuts, Livspace's financial performance has shown improvement, with a significant increase in revenue.
Despite the job cuts, the company’s financials show improvement. Livspace’s revenue rose 23 percent to INR 1,460 crore in FY25, while losses narrowed to INR 242 crore from INR 416 crore in the previous financial year. The development coincides with broader discussions around AI and employment, including deliberations at the India AI Impact Summit 2026 in Delhi. Across industries, major companies have announced large scale layoffs ...
Original reporting — we curate and summarize for context
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