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Livspace Cuts 1,000 Jobs Amid AI Transition and Co-Founder Departure

techstory.inBy The restructuring, which aims to integrate artificial intelligence and automation across key tasks, coincided with the departure of one of Livspace’s co-founders, Saurabh Jain, who left the company after more than a decade. The workforce reduction, spread over the past six months, represents one of the most significant layoffs in Livspace’s history.Saturday, February 21, 20261 min read
Livspace Lays Off 1,000 Employees in AI Shift, Co-Founder Saurabh Jain Steps Down - TechStory

— techstory.in

Key Takeaway

Livspace has laid off over 1,000 employees as part of its transition to an AI-driven organization. This restructuring coincided with the departure of co-founder Saurabh Jain and marks one of the largest layoffs in the company's history.

The restructuring, which aims to integrate artificial intelligence and automation across key tasks, coincided with the departure of one of Livspace’s co-founders, Saurabh Jain, who left the company after more than a decade. The workforce reduction, spread over the past six months, represents ...

Read the full article at techstory.in

Original reporting — we curate and summarize for context

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