Google, Microsoft-backed VerSe Innovation cuts 5% of workforce, reduces salaries
TechCrunch
NOVEMBER 28, 2022
India’s VerSe Innovation — the $5 billion Indian startup behind news aggregator Dailyhunt, short-video platform Josh and hyperlocal video app PublicVibe — has cut 150 employees, or 5% of its workforce of 3,000, TechCrunch has learned and confirmed. Nonetheless, that growth did not help VerSe Innovation offset its losses.
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