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| 1yDailyhunt and Josh parent VerSe reverses pay cuts, expands ESOP pool
VerSe Innovation, the parent company of Dailyhunt and Josh, has reversed salary cuts of up to 11% for employees earning more than Rs 10 lakh, which were announced in November 2021, and expanded its ESOP pool. The company, which also laid off about 150 employees in November, announced the reversal of the pay cuts starting next month and will give incentives to employees based on their performance for FY23.
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