Noida-based unicorn fires hundreds of employees for the third time in 4 years: Report

Ashley Paul, Published on May 16th, 2026

Noida-based unicorn fires hundreds of employees for the third time in 4 years: Report

Innovaccer has fired 340 employees, marking the Noida-based healthtech unicorn's third round of layoffs in just four years, Inc42 reported. The layoffs hit employees in India and US and were undertaken due to Innovaccer's transition to an AI-native startup. The US-headquartered startup said the layoffs are part of its plans to become "lean, fast and focused".

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