BENGALURU/MUMBAI, April 19 -- Digital insure-tech firm Acko has let go of about 60 employees, roughly 5% of its workforce, as it undergoes a structural realignment with a greater focus on integrating artificial intelligence (AI) into its operations, multiple people familiar with the matter said. Affected employees are expected to remain with the company until the end of June, the people added.

The job cuts come alongside the departure of chief marketing officer Ashish Mishra, who spent nearly five-and-a-half years at Acko after joining in August 2020. Mishra is currently serving his notice period and is expected to be succeeded by Nitin Khanna, who has spent over seven years at the company across marketing roles, the people added.

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