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Zoho Corporation

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Zoho wants to avoid mass layoffs. Is a salary freeze the price of protecting jobs from AI disruption?

Zoho Corporation will skip its usual annual salary increases after founder and Chief Scientist Sridhar Vembu warned that artificial intelligence infrastructure costs, weaker new customer growth and software disruption are forcing the private technology company to control expenses. Employee numbers have been broadly flat for 18 months as management tries to avoid mass layoffs.