Zoho’s Sridhar Vembu calls out ‘naked greed’ of company with ‘$1 billion cash’ for fresh layoffs: ‘Should not expect any loyalty’ – Times of India
In a scathing critique aimed at companies prioritizing shareholders over employees, Zoho founder Sridhar Vembu condemned Freshworks for its recent workforce cuts and stock buyback plan. Though he did not explicitly name Freshworks, his remarks on X (formerly Twitter) closely followed Freshworks’ latest financial moves—layoffs of 660 employees and a $400 million stock buyback, which…