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No pay hikes this year: Zoho’s Sridhar Vembu says ‘I apologise’ amid AI cost pressures

Image: Firstpost. Rights remain with the publisher.

Zoho founder Sridhar Vembu cites surging AI expenses and a fourfold rise in server prices as the company holds back salary hikes, warns of a grim software jobs outlook and rejects universal basic income as dystopian

Read the full report on Firstpost

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Section
Tech
Topics
Jobs & careers, Startups, AI & gadgets
First reported by
Firstpost
Reporter
dheeraj kumar
Published
Tuesday, 13 October 2026, 6:17 am IST
Coverage
One outlet so far

How this page works. The Headline Update lists this report from Firstpost with a short summary and a link to the original. The original reporting and photograph belong to the publisher. Spotted an error in our summary? Tell our corrections desk.

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