Inmobi Layoffs
January 2024
Inmobi announced a layoff affecting 125 employees (5% of its workforce) in January 2024. The company operates in the Marketing sector.
125
5%
Jan 11, 2024
About
In January 2024, the Bengaluru-based advertising technology company InMobi initiated a workforce realignment as part of a strategic overhaul to adopt an AI-first approach across its operations. This restructuring resulted in layoffs affecting 125 employees, representing 5% of its global workforce of 2,500. The company stated the move was a proactive step to rapidly address evolving market needs and customer expectations, streamline processes through automation, and phase out legacy systems to stay competitive globally. The layoffs, expected to be completed by the end of the month, reflect a broader industry trend where tech firms are integrating AI, leading to organizational and workforce rationalization. InMobi, backed by investors like Google and Jio Platforms, operates in the adtech and consumer tech sectors through its subsidiaries InMobi Ads and Glance.
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