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Livspace Layoffs: Co-Founder Saurabh Jain Resigns Amidst 1,000 Employee Terminations
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Livspace Co-Founder Saurabh Jain Resigns Amidst 1,000 Employee Layoffs
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News18
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22-02-2026, 17:41
Livspace Co-Founder Saurabh Jain Resigns Amidst 1,000 Employee Layoffs
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Saurabh Jain, co-founder of Livspace, has stepped down as CEO after over 11 years with the company.
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His departure coincides with reports of Livspace laying off more than 1,000 employees, approximately 12% of its workforce.
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Jain announced his exit via LinkedIn, reflecting on his journey and hinting at new ventures.
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He expressed pride in building Livspace and thanked teams, partners, and board members.
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Co-founders Ramakant Sharma and Anuj Srivastava will continue to lead the home interiors platform.
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