Josh, DailyHunt Parent VerSe Innovation Lays Off 350 Employees

VerSe attributed the layoffs to “workforce realignment” to accelerate investments in AI, streamline operations, and focus on long-term priorities and growth

The DailyHunt and Josh parent said it will focus on automating several “manual processes” to increase operational efficiency and grow revenue “organically” and through strategic M&As

This comes close on the heels of auditor Deloitte flagging weaknesses in VerSe’s internal financial controls in its audit report for…