Livspace Layoffs

Industry Retail · Location Bengaluru · India · Subscribe (RSS)

3
Layoff rounds
1,550
Employees laid off
Series D
Funding stage
$157M
Total raised

Livspace has 3 publicly reported layoff rounds on record between May 19, 2020 and February 20, 2026. A total of about 1,550 employees were affected across these rounds.

Layoff history

February 20, 2026
Livspace cut 1,000 employees (12% of staff)
1,000 laid off 12% of workforce Location Bengaluru

A restructuring built around automation cost roughly 1,000 employees their jobs at Livspace, about 12% of the workforce, in a process the Bengaluru-based home interiors unicorn disclosed around February 20, 2026. The company tied the cuts to the "integration of advanced AI agents and automation" across sales, operations, design, and marketing, with roles it described as manual phased out as automated systems took over. The reductions played out over roughly six months. Cofounder and India CEO Saurabh Jain also left to pursue personal interests, writing that "sometimes you have to close a meaningful chapter, not because the story ends, but because a bigger one is ready to begin." Backed by investors including KKR, Ingka (IKEA's parent), TPG Growth, Goldman Sachs, and Jungle Ventures, Livspace has raised more than $450 million to date.

Reason: AI and automation replacing manual roles

Source: inc42.com

March 17, 2023
Livspace cut 100 employees (2% of staff)
100 laid off 2% of workforce Location Bengaluru

Livspace disclosed a workforce reduction affecting its Bengaluru operations in March 17, 2023. Approximately 100 roles were eliminated.

Source: inc42.com

May 19, 2020
Livspace cut 450 employees (15% of staff)
450 laid off 15% of workforce Location Bengaluru

Livspace disclosed a workforce reduction affecting its Bengaluru operations in May 19, 2020. Approximately 450 roles were eliminated.

Source: tech.economictimes.indiatimes.com

Data for Livspace is compiled from public WARN Act filings and reporting linked above. See our methodology.