Innovaccer cuts 340 jobs as it pivots to an AI native company in another restructuring round

The layoffs hit India and the US simultaneously

Healthtech unicorn Innovaccer has laid off 340 employees in another restructuring, according to sources cited by Inc42. This marks its third layoff round in four years, with impacts across teams in both India and the US. Internally, CEO Abhinav Shashank said the move supports Innovaccer’s transition into an AI-native company. The company confirmed the job cuts, saying it is “aligning its team” to current priorities and building a leaner organization focused on customer outcomes.