Livspace Fires 1,000 Employees, Co-founder Quits Amid AI Shift

• KKR-backed Livspace laid off 1,000 employees (12% of workforce) to cut costs and replace personnel with AI.
• The decision impacts staff across design, sales, operations, and marketing functions.
• Livspace spokesperson stated this is a strategic reallocation of resources to become an AI-native organization.
• Co-founder Saurabh Jain, who joined in 2015, has also quit the company to pursue personal interests.
• This marks at least the second round of layoffs; Livspace reduced losses and increased sales in FY25.