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Mass Layoffs: Zoho CEO Sridhar Vembu Says Indian Firms Must Create Own Models To Avoid Massive Sackings
As Meta, Twitter, and the rest of the Big Tech companies sack thousands of employees which has hit India too, Sridhar Vembu who is CEO and Co-founder of Zoho Corporation said on Monday that we need to create our own value system which is not imported or borrowed from the Silicon Valley in the US. Cloud Lending Platform Lenstra Raises USD 60 Million, Aims Global Expansion. But that model only works where it works. In India, we do not have all the deep capabilities to build that next company that can hire back," explained Vembu. That is the journey of building steadily," according to Vembu. According to him, we are at a very critical juncture in technology. Source: Latestly.com #Zoho #SridharVembu
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