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Home decor unicorn LivSpace lays off 100 employees

Shortpedia

Content Team
Image Credit: business today

Home renovation and interiors platform Livspace has become the latest startup to lay off employees as part of a cost-cutting exercise amid the ongoing funding winter. The Singapore-headquartered startup informed the impacted employees about job cuts through emails sent on Thursday (March 17), sources told Inc42. The sources said the layoffs are part of a cost-cutting exercise as the startup is looking at ways to extend its runway.