{"id":931795,"date":"2025-05-19T07:54:08","date_gmt":"2025-05-19T02:24:08","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=931795"},"modified":"2025-05-19T08:19:58","modified_gmt":"2025-05-19T02:49:58","slug":"verse-innovation-cuts-350-jobs-amid-ai-transformation","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/05\/19\/verse-innovation-cuts-350-jobs-amid-ai-transformation\/","title":{"rendered":"VerSe Innovation cuts 350 jobs amid AI-transformation"},"content":{"rendered":"<p>CHENNAI: VerSe Innovation, the parent company of popular content platforms such as Dailyhunt and Josh, has announced a strategic reduction in its workforce by approximately 350 roles this month. This move is part of a broader transformation initiative aimed at &#8216;aligning the company&#8217;s operational structure with its long-term business goals, profitability targets, and technological evolution&#8217;. <\/p>\n<p>This marks the company\u2019s first major downsizing since its last round of layoffs two and a half years ago, which affected 150 employees. The current restructuring comes amidst a pivotal phase of growth and consolidation, centered around deep integration of artificial intelligence (AI) across the organisation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CHENNAI: VerSe Innovation, the parent company of popular content platforms such as Dailyhunt and Josh, has announced a strategic reduction in its workforce by approximately 350 roles this month. This move is part of a broader transformation initiative aimed at &#8216;aligning the company&#8217;s operational structure with its long-term business goals, profitability targets, and technological evolution&#8217;. This marks the company\u2019s first major downsizing since its last round of layoffs two and a half years ago, which affected 150 employees. The current restructuring comes amidst a pivotal phase of growth and consolidation, centered around deep integration of artificial intelligence (AI) across the [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[75,4,17],"tags":[],"class_list":["post-931795","post","type-post","status-publish","format-standard","hentry","category-it-2-the-new-indian-express","category-newspapers","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/931795","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=931795"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/931795\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=931795"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=931795"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=931795"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}