Why Zoho's Sridhar Vembu is trending after ‘pay hike, mass layoff’ tweet: Losing 80% clients, making mega business, more

Sridhar Vembu, founder of software giant Zoho Corporation, is taking a cautious approach amid an uncertain business outlook and rising artificial intelligence (AI) infrastructure costs. The company has put its annual salary hikes on hold and cut back on marketing expenditure.A pioneer in bootstrapped, capital-efficient B2B SaaS (Software-as-a-Service), Vembu said, "We have cut down on our marketing budget. We have also told our employees that we cannot have our usual pay increase this year. I have apologised for not being…