India, April 20 -- Insurance unicorn Acko has undertaken a round of workforce restructuring, with around 60 employees, or nearly 5% of its total workforce, set to transition out amid its AI push ahead of its potential public listing in FY27.

An Acko spokesperson confirmed the development, which was first reported by Mint.

Sources aware of the matter further said the company considers this a "structural realignment" exercise, stressing that it is not a cost-cutting measure, but a result of greater dependency on AI and automated processes. 

"This is not a cost-cutting exercise. It is a structural realignment where the organisation is resetting the way it operates internally in a new environment centred around AI," a source said.

So...