Mit Magzter GOLD unbegrenztes Potenzial nutzen
Erhalten Sie unbegrenzten Zugriff auf über 9.000 Zeitschriften, Zeitungen und Premium-Artikel für nur
Versuchen GOLD - Frei
Dailyhunt parent to fire 350 staff in AI-led pivot
Financial Express Lucknow
|May 18, 2025
VERSE INNOVATION, THE parent company of content platform Dailyhunt and short video app Josh, announced it will cut approximately 350 jobs globally as part of a broader restructuring effort that includes automating several manual processes to achieve efficiency and profitability by the end of this financial year.
The company is doubling down on automation to replace manual processes, in line with global trends that favor leaner, tech-driven operations.
The layoffs, the company said, are part of a "well thought through comprehensive plan" designed to align VerSe's strategy and organizational structure with its long-term priorities and growth objectives.
"Building on this momentum, VerSe Innovation projects over 75% revenue growth in FY25, outpacing the anticipated 10-15% growth rate of the Indian digital advertising sector," a company spokesperson said.
Diese Geschichte stammt aus der May 18, 2025-Ausgabe von Financial Express Lucknow.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Financial Express Lucknow
Financial Express Lucknow
IPO to set Shiprocket on new growth path: CEO
SHIPROCKET CO-FOUNDER AND CEO Saahil Goel sees the upcoming IPO as a key milestone, reflecting internal discipline, scale and governance, and believes it will set the logistics tech firm on a new growth trajectory with the direct-to-consumer, online and quick commerce space poised to boom.
1 min
November 24, 2025
Financial Express Lucknow
Which B-schools get you top dollar
THE LATEST NIRF ‘INDIA RANKINGS 2025: MANAGEMENT’ DATA SHOWS THAT THE IIMS OF MUMBAI, BANGALORE, AND AHMEDABAD (MBA) OFFER THE BEST MBA SALARY PACKAGES TO STUDENTS
3 mins
November 24, 2025
Financial Express Lucknow
Lakshmi Mittal quits UK as tax on rich looms : Report
INDIAN-ORIGIN STEEL magnate Lakshmi N Mittal, until now based in Britain and a regularon the country’s richest billionaires tally, has decided to quit the UK as the Labour Party-led government’s feared tax shakeup for the super-rich nears, according to a UK media report on Sunday.
1 mins
November 24, 2025
Financial Express Lucknow
India-US deal to keep weighing on rupee: Poll
THE INDIAN RUPEE is expected to remain under pressure until India signs a trade with the US, said economists and treasury heads inan FE poll.
1 min
November 24, 2025
Financial Express Lucknow
Premium for 'experience' widens in realty projects
“LIKE WATCHES, REAL estate brands and addresses are now commanding higher prices and getting them from buyers,” Mohnot said.
2 mins
November 24, 2025
Financial Express Lucknow
Use GST savings to top up basic life cover with rider
RIDER PREMIUM IS LESS THAN THE BASE PRICE & MAKES THE COVER COMPREHENSIVE
2 mins
November 24, 2025
Financial Express Lucknow
FPI activity, macro data to guide mkts
MACROECONOMIC DATA, GLOBAL market trends and trading activity of foreign investors will be the key drivers for dictating market sentiment this week, analysts said.
1 min
November 24, 2025
Financial Express Lucknow
DOGE ‘does not exist’ with eight mths on charter
Initially, DOGE was lead by Tesla CEO Elon Musk
2 mins
November 24, 2025
Financial Express Lucknow
Agritech funding plunges over profitability concerns
INDUSTRY EXPERTS EXPECT REVIVAL IN 2026
2 mins
November 24, 2025
Financial Express Lucknow
Google fixes AI’s text problems
AS CONFIDENT AS Al assistants can sound in chat responses, if you ask them to generate an image containing several text phrases, chances are the resulting imagery will contain some typos or distorted fonts.
1 min
November 24, 2025
Listen
Translate
Change font size