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SAAS LAYOFFS
Zoho’s Vembu refuses to lay off people even as AI squeezes SaaS companiesThe cofounder and chief scientist of the SaaS firm said Zoho retrains people to deploy on new products or helping customers better, when AI...- ‘Please pray for us,’ says Sridhar Vembu as Zoho skips pay hikes amid rising AI costsVembu said that the company has also gone 18 months without growing its employee count and is looking to avoid mass layoffs.
- Routine IT roles may feel the pinch as Oracle India workforce shrinks to 27,000The company has not publicly made any disclosures this month on job cuts until press time Tuesday. It slashed 21,000 jobs including about 1...
- Oracle 6 a.m. layoff notice: Will more employees get this letter on September 1 that 30,000 received on March 31 morning?On March 31, Oracle executed a massive layoff, affecting thousands of employees worldwide. Notices were sent through email, indicating that...
- Over 114,000 jobs cut in tech so far in 2026 as AI drives layoffs at Amazon, LinkedIn, othersTech companies are implementing significant workforce reductions, with 114,210 roles cut in early 2026, driven by AI and automation. Major ...
- Freshworks cofounder Mathrubootham rejects ‘SaaSpocalypse’ prediction, says AI agents won’t kill industryMathrubootham said Anthropic’s February Claude Cowork plugins triggered a sell-off in markets across the globe, erasing $285 billion in sof...
- Year in Review: SaaS firms tackle funding dip and a slump amid AI disruptionIndia's SaaS industry is facing challenges such as slowing demand, cautious investor funding, and the impact of AI. Funding levels remain b...
- Understand layoffs when struggling but this naked greed: Zoho CEO lashes out at company for reducing workforce by 13%Zoho CEO Sridhar Vembu criticized Freshworks for laying off 13% of its workforce, despite having $1 billion in cash and announcing a $400 m...
- Ixigo IPO fully subscribed; more layoffs at PaytmThe initial public offering of subscription travel firm Ixigo sailed through on the first day on robust retail interest. Details on this an...
- Bootstrapped SaaS startup Kissflow culls 11% workforceKissflow, a Chennai-based startup, announced the layoff of about 45 employees (11% of its workforce) across India, the US, and the UAE. The...
- SaaS founders are grabbing talent amid tech layoffsHevo Data, a Peak XV Partners-backed data management SaaS startup, was finding it hard to even interview candidates just 6-9 months ago as ...
- SaaS startup Actyv.ai fires 60 staffers as market downturn bitesThe layoffs were a result of a right-sizing initiative in response to prevailing market conditions, a company statement said.
- Data analytics platform Sumo Logic lays off 79 employeesAnonymous Sumo Logic employees posted on online company review site Blind that laid off employees "had received two months of pay but no ot...
- SaaS firm Freshworks undertakes fresh round of layoffsConcerns over margin and recessionary pressures and increasing interest rates in the US have led to a rout in technology stocks.
- ETtech Interview | Non-tech sectors modernising faster as growth slows at tech firms: Postman CEO Abhinav AsthanaThe most valued Indian Software-as-a-Service (SaaS) startup at $5.6 billion, Postman has partnered with companies like Axis Bank and Disney...
- SaaS platform Actyv.ai raises $7 million funding from CEO’s family officeActyv.ai said that the fresh funds will fuel global expansion, product enhancement, portfolio growth and talent acquisition.
- 2022 Year in Review | Slowdown cloud: Value-for-money software is silver lining for India SaaSIndian Software-as-a-Service companies are bracing for slower quarters as a potential recession in US could hurt topline.
- Layoffs likely at product software company Freshworks amid reorganisationA person aware of the reorganisation said Freshworks was trying to match skills to demand across teams and the exercise may lead to some em...
- SaaS companies lean on core business to ride out US market stormFirms turn to ‘efficient growth’ and ‘path to profitability’ as buyers review their spends.
- FarEye lays off 250 employees at time of appraisalThe e-commerce focussed software-as-a-service (SaaS) provider last year raised $100 million from series E
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