US Edition
Livspace Trims Workforce by 1,000 in AI Transition, Co-Founder Exits
Livspace cuts 12% of staff to adopt AI-driven operations, reducing losses by 42% in FY25 amid limited funding and profitability concerns.
- In a recent reorganisation, Livspace said it laid off around 1,000 employees, nearly 12% of its workforce, and co-founder Saurabh Jain is stepping away after 11 years.
- Amid limited external funding, Livspace moved to integrate advanced AI agents and automation across sales, design, operations and marketing during a six months, rollout period, describing job cuts as strategic reallocation.
- Design tools now reduce visualisation time by 60, using AI-driven mood boarding and 3D rendering, while `Creative Factory` marketing increased output tenfold.
- This follows earlier reductions in March 2023 and May 2020 and affects Livspace operations across India, Southeast Asia and the Middle East as AI phased over six months maintained service quality.
- Backed by investors including KKR, Livspace has raised over USD 450 million; FY25 revenue rose 23% to Rs 1,460 crore while losses shrank from Rs 416 crore to Rs 242 crore, though Moneycontrol reported the cuts could be closer to 25%.
15 Articles
15 Articles
Livspace Layoffs: AI Push Triggers 1,000 Job Cuts as Bengaluru Startup Shifts to AI Native Model
Bengaluru based home decor startup Livspace has laid off around 1,000 employees, accounting for nearly 12 percent of its total workforce, as the company accelerates its transition to an AI driven operating model. Livspace Layoffs: AI Push Triggers 1,000 Job Cuts as Bengaluru Startup Shifts to AI Native Model.
Times of India
The Economic TimesLivspace lays off 1,000 employees, cofounder Saurabh Jain exits
A spokesperson for the Bengaluru-based startup said in a statement that the workforce reduction was part of a measured, phased transition as the company integrates AI agents and automation across core functions, including sales, design, operations and marketing.
Bengaluru-based Livspace fires 1,000 employees, co-founder quits, in massive AI shakeup
Livspace, a Bengaluru-based home decor firm has laid off 1,000 employees as the startup focuses on lowering cost and transition towards using more AI. Livspace’s cofounder, Saurabh Jain, has left too.
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