Saturday, 21 February, 2026
Livspace Lays Off 1,000 Employees as Co-founder Saurabh Jain Exits Startup
Home interior platform Livspace has terminated approximately 1,000 employees in a major restructuring move aimed at achieving profitability. This significant workforce reduction coincides with the departure of co-founder Saurabh Jain, marking a pivotal shift in the company's leadership and operational strategy. Amid a challenging funding environment, the unicorn startup is streamlining its business model to optimize costs.
Read full story at Economic Times