Other Events · Jun 10, 2026

Veritone cuts up to 30% of operating expenses via at least 25% workforce reduction in restructuring plan

VERIVeritone, Inc.

Veritone, Inc. announced a restructuring plan initiated on June 10, 2026, to reduce operating expenses by up to 30% through a workforce reduction of at least 25% and lower third-party costs. The workforce reduction is expected to be substantially completed by late July 2026. Veritone, Inc. is an artificial intelligence software company.