BusinessPhoto: Business StandardZoho Freezes Salary Hikes Amid Rising AI Costs and Market Slowdown
Zoho founder Sridhar Vembu announced that the company will not grant annual salary increases this year due to a fourfold rise in server prices, increased AI infrastructure costs, and geopolitical uncertainties impacting the software-as-a-service market. Zoho has also cut its marketing budget and is undergoing a reinvention phase, with the next three to five years critical for its success.
Business Standard·


