India, May 7 -- Peak XV-backed quick commerce startup Apna Mart has reportedly laid off around 10% of its workforce as part of a restructuring exercise linked to AI adoption and relocation of its operating base to Gurugram.
Sources told Economic Times that the maiden layoffs at the startup impacted about 35 to 40 employees across functions. As per the report, some employees were handed out pink slips as their roles became redundant due to AI, while others were impacted as relocation to Gurugram was not feasible.
This comes as the company has reportedly moved its product and technology teams from Bengaluru to Gurugram. Its operations teams will continue to be based out of the cities where it currently operates.
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