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Sridhar Vembu says Zoho will skip appraisals this year
Original: sridhar vembu
Zoho founder Sridhar Vembu has announced the company will not conduct employee appraisals this year. He said the software firm is working hard to avoid mass layoffs amid a difficult environment, and instead of performance reviews, the focus is on protecting jobs. The decision stands out in India's tech sector, where cost-cutting and workforce reductions have been widely reported at larger IT services companies.
Why now: Vembu's choice to skip appraisals and shield staff from layoffs contrasts with widespread job cuts across the tech industry.
Rank over time, top of the chart is #1. 2 snapshots from 1 d ago to 1 d ago.
Evidence
- Zoho skips pay hikes, cites raised AI costs and geopolitical backdrop · The Economic Times
- Sridhar Vembu says no appraisals at Zoho this year, company working hard to avoid mass layoffs · India Today
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