Verses AI Cuts Workforce by Half to Refocus on Core Markets

Reuters01-17

Verses AI Cuts Workforce by Half to Refocus on Core Markets

Verses AI Inc., a cognitive computing company specializing in agentic software systems, has announced a corporate reorganization aimed at focusing resources on its core target markets and highest-priority initiatives. As part of this strategy, the company will reduce its workforce by approximately half, including the termination of certain previously furloughed employees and executives not involved in core activities. Some executives will also temporarily defer their salaries. These measures are expected to significantly lower operating costs and improve liquidity, with leadership expressing gratitude for the contributions of those affected.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Verses Ai Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9627468-en) on January 16, 2026, and is solely responsible for the information contained therein.

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