VANCOUVER, British Columbia — January 16, 2026 — Leads & Copy — VERSES AI Inc. (CBOE: VERS) (OTCQB: VRSSF) has announced a strategic shift to concentrate resources on its core target markets and high-priority initiatives.
The cognitive computing company, specializing in next-generation agentic software systems, is implementing a workforce restructuring that will reduce headcount by approximately half.
According to the company, the reduction includes the termination of certain previously furloughed employees and executives whose roles were not associated with core target market activities. Certain executives are also temporarily deferring their salaries.
The company believes these actions will significantly reduce operating costs and improve its liquidity position.
VERSES CEO Gabriel René stated that the restructuring will allow the company to pursue its core target market with greater efficiency and speed, which in turn, would position the company to drive the best return on investment and benefit to its shareholders.
The company said it recognizes and appreciates the contributions of all impacted employees.
VERSES is a cognitive computing company building intelligent agentic systems modeled after natural processes. Its flagship product, Genius, is an agentic enterprise intelligence platform designed to generate reliable domain-specific predictions and decisions under uncertainty, according to the company.
On behalf of the Company
Gabriel René, Founder & CEO, VERSES AI Inc.
Press Inquiries: press@verses.ai
Investor Relations Inquiries
James Christodoulou, Chief Financial Officer
IR@verses.ai, +1(212)970-8889
Source: VERSES AI Inc.
