ConsumerIN

Livspace Layoffs

February 2026

Livspace announced a layoff affecting 1,000 employees (12% of its workforce) in February 2026. The company operates in the Consumer sector.

People Affected

1,000

Percentage

12%

Announced Date

Feb 20, 2026

About

Livspace, a home interior and renovation unicorn in the real estate tech industry, has laid off 1,000 employees, representing about 12% of its workforce. These job cuts occurred over the past six months as the company strategically integrated advanced AI agents and automation into its core functions—sales, operations, design, and marketing—to enhance efficiency and customer outcomes. The move is described as a forward-looking reallocation of resources rather than reactive cost-cutting. Amid this restructuring, cofounder and India CEO Saurabh Jain also resigned to pursue personal interests, noting his role in developing the AI systems that enabled these operational changes. The startup, founded in 2014 and backed by significant investors, continues to focus on leveraging technology to transform its service delivery.