"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." — Company statement as quoted by Indian Startup News (Apr 20, 2026). ~60 employees = ~5% of ~1,200 staff; roles spread across the company; affected staff remain until end of June 2026 with ~2.5 months notice/pay, 15 days severance per year served, 8 months health cover. Comes ahead of planned FY2027 IPO ($300-400M raise). Also covered by Life Insurance International (via Yahoo Finance): 'Acko cuts workforce amid AI-led restructuring'.