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ZOHO LAYOFFS
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 ...
- Quote of the Day by Leonardo da Vinci: 'As a well-spent day brings happy sleep, so a life well spent brings happy death'. Life lessons from the 'Renaissance man'Leonardo da Vinci, also known as the Renaissance man, gives us a meaningful life lesson about life, fulfillment and death in one of his quo...
- 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...
- Sebi's finfluencer crackdown; Scimplify eyes fresh fundsSebi has teamed up with Google to take on misleading financial influencers and shady trading apps. This and more in today's ETtech Top 5.
- 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...
- Indian unicorns see net workforce decline amid layoffs, restructuring: reportIndian unicorns saw a 4.5% average attrition rate over the past year, with a net decrease of about 6,700 employees. Despite overall decline...
- 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...
- Zoho freezes hiring in engineering roles, selective recruitment for customer-facing roles to continueAmid global macro headwinds, Zoho on Wednesday said it has decided against layoffs but will adopt a prudent approach involving a hiring fre...
- 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...
- 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...
- IT job vacancies slump 60% in January; Silicon Valley investor Tim Draper on Indian startupsThe IT and tech job market is under stress. As the year started with large scale layoffs globally, and in India, Information Technology ( I...
- 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.
- Startups laid off 18,000 employees in 2022; Udaan, Ola, Oyo saw the most senior-level exitsThis time last year, India’s startup ecosystem was counting unicorns. Now, it’s tallying layoffs. According to data compiled for us by Long...
- 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.
- Blinkit set for new pivot; introducing the ET Ecommerce IndexNow the company, which is in the process of being acquired by Zomato, is set for a fresh pivot as it looks to integrate its operations with...
- 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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