Krutrim Cuts Nearly Half of Its Remaining Workforce in Fresh Restructuring
New Delhi, July 28 -- India's AI startup landscape is evolving quickly, but the way from building foundation models to running a sustainable AI business is proving challenging. As companies sharpen their focus on commercial opportunities, several are reworking teams and priorities along the way.
Bhavish Aggarwal-led AI startup Krutrim has reportedly laid off another 20 to 25 employees in its second round of job cuts this year, significantly reducing its remaining workforce.
As per reports, the latest layoffs primarily affected product and engineering teams. Before this round, the company was estimated to have around 40 to 50 employees left after earlier restructuring exercises that had already impacted sales, go-to-market, and business ...
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