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VEMBU 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...- Sridhar Vembu net worth: Zoho co-founder who built a multi-billion dollar business ranks among India’s richest with his siblings; his career, education and wealthSridhar Vembu Net Worth: Zoho co-founder Sridhar Vembu and his siblings have a combined net worth of $5.8 billion, according to Forbes. He ...
- ‘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.
- Zoho skips pay hikes, cites raised AI costs and geopolitical backdropIn a recent statement, Zoho's founder Sridhar Vembu announced that the company will not implement salary hikes for its employees. This deci...
- Sridhar Vembu has a big warning for software engineers amid AI layoffs: 'Nobody knows anything here'Zoho founder Sridhar Vembu warns engineers about excessive AI dependence in coding. He urges developers to maintain understanding while uti...
- IT industry not creating new jobs, funds diverted to AI, data centre costs: Sridhar VembuIn a post on social media platform X, Vembu noted that while the IT industry, including Zoho, has avoided large-scale layoffs, it has faile...
- AI, data centre costs are slowing IT hiring, Zoho Founder Sridhar VembuZoho Corporation's founder notes IT job growth is slowing significantly. Funds are now diverted to rising artificial intelligence and data ...
- Sridhar Vembu says prepare for tough times as economic picture is getting grimmer, warns AI hype may not last longZoho founder Sridhar Vembu warns of a grim economic future. He believes artificial intelligence alone cannot solve deep-rooted issues. Vemb...
- Amazon techie checks April payslip, sees TDS bigger than father's salary: 'Daylight robbery at this point...'An Amazon employee went viral on Grapevine after sharing their shock over a heavily taxed April payslip, revealing frustration at seeing a ...
- Jeff Bezos' ex-wife MacKenzie Scott donates $70 million to Meals on Wheels America: How her Amazon fortune is changing livesJeff Bezos' ex-wife, MacKenzie Scott has donated big once again, and this time it is $70 million directed to Meals on Wheels America to hel...
- Delhi to Mumbai in 12 hours? As new Gujarat stretch of Mumbai Expressway opens, check entry and exit points, routeDelhi–Mumbai Expressway: The Union Transport Ministry, in a release, stated that the Godhra–Vadodara stretch of the Delhi–Mumbai Expressway...
- Zoho layoffs: Sridhar Vembu's firm laid off 300 employees without prior warning? Here's all about the social media buzzZoho layoff: There's a growing buzz on social media that Sridhar Vembu's company Zoho laid off 300 freshers without a prior warning. The bu...
- US computer science degrees from top universities are leaving graduates jobless: Why is top coding education no longer enough?The longstanding belief that a computer science degree from a top US university guarantees a high-paying job is increasingly being challeng...
- AI at work: Job cuts and tech leader opinionsWhile many corporate heads say that AI will replace jobs and even change the nature of work itself, there are some who say that AI-led mode...
- 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...
- Zoho applies for semiconductor manufacturing facility in IndiaSoftware company Zoho, aiming to tap into India's aspirations to become a global semiconductor player, has applied with a partner to set up...
- Loyalty vs layoff: Zoho CEO Sridhar Vembu has a message for entrepreneursZoho CEO Sridhar Vembu believes that entrepreneurs can use the current job market uncertainty to earn employee loyalty. As the economy beco...
- Exclusive: Big payday for PhonePe founders; key takeaways for tech, startups from Eco Survey 2023To kick start the day, we have a packed edition of the ETtech Morning Dispatch. Bunch of stories on what the Economic Survey 2023 recommend...
- Dark clouds, yet Zoho sees $1 billion revenue for ManageEngine in a yearSpeaking at ManageEngine UserConf Mumbai 2023, Vembu said the Zoho management expects its enterprise IT management division to cross $1 bil...
- Zoho's large client wins may offset decline in SME business due to COVID-19“Up to 45% of our revenues come from the US – you can see immediately what it can account for us,” Sridhar Vembu, the founder and CEO of th...
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