Zoho’s Sridhar Vembu tells staff no hike this year, tries to avoid layoffs
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How it spread - 3 original reports
Tue, 13 October 2026
1 report- Times of India03:31first to report
Sridhar Vembu, founder of Zoho, announced that employees will not receive annual salary hikes this year. This decision arises from increased costs associated with artificial intelligence and geopolitical challenges. Zoho has reduced its marketing budget and has not increased its headcount for 18 months. Vembu expressed gratitude for employees' understanding during this difficult period as he aims to avoid mass layoffs.
Thu, 15 October 2026
1 report- Times of India04:37
In response to the recent wave of layoffs at Airtable, Zoho's founder, Sridhar Vembu, highlighted his company's commitment to retaining its workforce. He articulated that Zoho consciously refrains from layoffs, preferring to offer retraining for employees to adapt to emerging AI technologies. While recognizing the increasing costs associated with data centers and AI, Vembu believes that by 2030, various workforce strategies will reveal their true effectiveness.
Sat, 24 October 2026
1 report- Times of India04:56
Sridhar Vembu has emphasized the need for India to develop its own talent and technology for global respect. He responded to Eric Weinstein's concerns about growing hostility towards Indians on social media. Vembu believes that progress should not depend on political affiliations and should focus on building strong institutions. He remarked that racism should be met with constructive responses rather than hatred.