BusinessPhoto: MintBengaluru CEO Highlights Zoho's AI Costs and Salary Freeze Impact
Pareekh Jain, CEO based in Bengaluru, highlighted the challenges Zoho's decision to freeze employee salary hikes this year due to rising AI costs may pose for other software and SaaS companies. He noted Zoho's India-centric workforce and comparatively low operating expenses as factors influencing this move, signaling potential pressure on the industry.
Mint··Bengaluru


