Startup Livspace lays off 450 employees on adverse business impact from COVID-19

Bengaluru-based Livspace, which is into home design and renovation, has laid off 450 employees -- 15 per cent of its total workforce -- due to an adverse impact of the coronavirus-induced lockdown. The decision to lay off was taken last week. Earlier this month, leading coworking operator WeWork India also announced laying off nearly 100 employees. Founded in 2015 by Ramakant Sharma and Anuj Srivastava, Livspace provides a threesided marketplace and a design automation platform that connects homeowners, certified designers and vendors.