Finally AI ate a job! ‘This’ company will show 350 employees outdoor road

Finally AI ate a job! ‘This’ company will show 350 employees outdoor road Tezzbuzz | 2025-05-18 01:24:16

AI has made many of our tasks easier. But AI’s head seems to be happening in the job field. Just as AI will create new jobs, it will also lead to numerous jobs, many experts say. Experts say this is now true. This is because a digital company called Verse Innovation, which owns large platforms like Josh and Daiyhunt. She is now going to give coconut to 350 employees.

The company says that the decision has been taken as part of the widespread restructuring process for the purpose of focusing on profitability and focusing on artificial intelligence (AI).

The emphasis on being given on Ai

In a statement issued on May 10, the company said that she is doing “strategic transformation” to make future challenges more capable, concentrated and flexible. The objective of this change is to increase investment in AA, easy to operate, and match the company’s operations with long -term objectives.

Why is this deduction being done?

The company has deducted as part of efforts to automate manual processes, reduce operational costs and improve structural efficiency. The company’s objective is to make a profit from the end of 25 years.

The financial situation improved, but the decline in income

According to the financial report of Verse, the company’s revenue in the financial year 24 was Rs 1029 crore, which was Rs 1104 crore last year. However, the net loss has come from Rs 909 crore to Rs 889 crore, which shows the loss of loss. The company’s ebitda loss was Rs 710 crore. It is noteworthy that the company had earlier reported Rs 1261 crore to the financial year 24, which has now been raised at Rs 1029 crore.

Expected 75 percent Revenue Growth in FY25

The company is expected to increase the revenue at a rate of more than 75 per cent in the financial year 25, which is more than 10-15 per cent of India’s digital advertising sector. To achieve this growth, Verse is working on many activities. Such as Nexverse.Ai, a new AI-based platform, a platform for managing an influenzer component of Verse Collb, a subscription model created by Daiyhunt Premium Magzter.