VerSe Innovation, the US$5 billion Indian startup that created the news aggregator Dailyhunt, the short-video platform Josh and the hyperlocal video tool PublicVibe, has laid off 150 employees or 5 percent of its 3,000-employee workforce.
The Bengaluru-based business informed affected employees on Nov. 26, 2022 and convened an exclusive town hall meeting on Monday when it revealed salary cuts to its remaining staff.
