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VANCOUVER, British Columbia, Jan. 16, 2026 (GLOBE NEWSWIRE) — VERSES AI Inc. (CBOE: VERS) (OTCQB: VRSSF) (“VERSES” or the “Company”), a cognitive computing company specializing in next-generation agentic software systems, today announces a refocused corporate strategy designed to concentrate resources on the Company’s core target markets and highest-priority initiatives.
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In connection with this strategic focus, the Company has implemented a workforce restructuring that will reduce headcount by approximately half. The reduction includes the termination of certain previously furloughed employees and executives whose roles were not associated with core target market activities. In addition, certain executives are temporarily deferring their salaries. These actions demonstrate the leadership team’s continued support for the Company and its business strategy and are expected to drastically reduce operating costs and improve the Company’s liquidity position.
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The Company is grateful for the contributions of all impacted employees and recognizes the dedication and effort they have brought to VERSES.
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VERSES CEO Gabriel René said, “This Workforce restructuring will allow us to pursue our core target market with the greatest efficiency and speed and is a strategy that we believe positions us to drive the best return on investment and benefit to our shareholders.”
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About VERSES
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VERSES® is a cognitive computing company building next-generation intelligent agentic systems modeled after the wisdom and genius of Nature. Designed around first principles found in science, physics and biology, our flagship product, Genius,™ is an agentic enterprise intelligence platform designed to generate reliable domain-specific predictions and decisions under uncertainty. Imagine a Smarter World that elevates human potential through technology inspired by Nature. Learn more at verses.ai, LinkedIn and X.
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On behalf of the Company
Gabriel René, Founder & CEO, VERSES AI Inc.
Press Inquiries: [email protected]
Investor Relations Inquiries
James Christodoulou, Chief Financial Officer
[email protected], +1(212)970-8889
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Cautionary Note Regarding Forward-Looking Statements
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This news release contains statements which constitute “forward-looking information” or “forward-looking statements” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Company with respect to future business activities and plans of the Company. Forward-looking information and forward-looking statements are often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” or similar expressions. More particularly and without limitation, this news release contains forward–looking statements and information relating to the Company’s plan to concentrate resources on core target markets and highest-priority initiatives; the Company’s workforce restructuring drastically reducing its operating costs and liquidity position; and the identified core target market providing the fastest speed to market, the greatest ability to capture market share, and the maximum return on investment.
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