Friday, 24 March, 2023

Dailyhunt And Josh Parent, VerSe Innovation Lays Off 5% Of Its Workforce

<p>VerSe Innovation, the $5 billion Indian business behind news aggregator Dailyhunt, short-video platform Josh, and hyperlocal video tool PublicVibe, has cut 150 people, or 5% of its 3,000-person staff According to persons familiar with the incident, the Bengaluru-based business informed impacted employees on Friday and conducted a town hall meeting on Monday when it revealed wage cutbacks to its remaining workforce.</p>