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Digital insurtech firm Acko has reduced about 5% of its workforce, affecting nearly 60 employees, as part of an internal restructuring driven by increased use of artificial intelligence, according to a Mint report.
Entrackr reported that impacted employees are expected to stay with the company until the end of June.
The restructuring reflects a broader shift in how Acko is organising its teams, with greater emphasis on AI-led workflows, updated performance metrics, and new skill requirements aligned with its next phase of growth. The move is not primarily aimed at cost-cutting but at adapting to changing operational needs.
The layoffs coincide with the departure of chief marketing officer Ashish Mishra, who is serving his notice period after over five years at the firm. He is expected to be succeeded by Nitin Khanna, a long-time internal leader who has spent more than seven years at Acko.
As of March 2026, Acko had around 1,200 employees. Some roles have become redundant as part of the ongoing transition, marking the company’s second round of layoffs after job cuts during the Covid-19 pandemic.
The development comes as Acko prepares for a potential initial public offering worth USD 300–400 million in FY27. Founded in 2016, the company has raised over USD 458 million so far.
This article was originally
published by the 
