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VerSe Innovation, funded by Google and Microsoft, decreases staff by 5% and salary

TechCrunch has verified and confirmed that VerSe Innovation, the $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% of its 3,000-person workforce. People with knowledge of the situation told TechCrunch that the …

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