ReferIndia News Livspace Sacks 1,000 Employees As Company Focuses On AI; Co-Founder Saurabh Jain Quits

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Livspace Sacks 1,000 Employees As Company Focuses On AI; Co-Founder Saurabh Jain Quits

Published on: Feb. 20, 2026, 9:26 p.m. | Source: Free Press Journal

Home decor startup Livspace has sacked over 1,000 employees, nearly 12% of its workforce, as part of a cost-cutting and AI-led restructuring, a report said. Co-founder Saurabh Jain has also quit. The Bengaluru-based firm said the move is a strategic shift to become an “AI-native agentic organisation,” not reactive downsizing.

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