'AI Has Raised Costs': Sridhar Vembu Announces No Salary Hikes at Zoho This Year, Warns of Uncertain Software Job Market

Zoho says it cannot offer usual pay hikes to employees this year as AI disrupts costs

Sridhar Vembu cites higher server prices, geopolitical uncertainty; company will try to avoid mass layoffs, and it hasn’t been hiring for the past 18 months, he adds

No appraisal for Zoho staffers? Sridhar Vembu cites rising AI costs, says ‘usual pay increase’ unlikely this year

Zoho co-founder Sridhar Vembu said employees would not get their usual pay hike this year amid rising AI costs and geopolitical challenges. He pledged efforts to avoid mass layoffs and warned of a grim outlook for software jobs as Indian IT firms rethink hiring and workforce skills.

No Salary Hikes at Zoho: Are Mass Layoffs Coming to the Software Major? Know What Sridhar Vembu Said

Zoho Corp has frozen salary increases and cut marketing budgets due to surging AI server costs and market uncertainties. While Chief Scientist Sridhar Vembu warned that the general outlook for software jobs is grim, he stated that the company will work hard to avoid mass layoffs while undergoing a 3-to-5-year operational reinvention. No Salary Hikes at Zoho: Are Mass Layoffs Coming to the Software Major? Know What Sridhar Vembu Said.

Zoho pauses pay hikes, cuts marketing spend amid rising AI costs

Zoho pauses employee pay hikes and cuts marketing spend as AI and data centre costs rise, CEO Sridhar Vembu says; aims to avoid mass layoffs.

Sridhar Vembu says no appraisals at Zoho this year, company working hard to avoid mass layoffs

Zoho founder Sridhar Vembu has confessed that the homegrown company is facing a difficult time. Vembu says that Zoho has cancelled appraisals this year, and is trying hard to avoid layoffs amid rising expenses due to AI.

'AI has raised costs': Sridhar Vembu announces no salary hikes at Zoho this year, warns of uncertain software job market

Zoho founder Sridhar Vembu has announced a salary hike freeze for employees this year, citing a four-fold increase in server prices, rising AI costs and geopolitical uncertainty.