Naked greed: Zoho's Vembu slams Freshworks for layoffs
Business Standard|November 09, 2024
Sridhar Vembu (pictured), founder of software development company Zoho Corporation, on Friday accused Freshworks of prioritizing shareholder buybacks over employees, criticizing a rival for job cuts.
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Naked greed: Zoho's Vembu slams Freshworks for layoffs

California-based Freshworks said on Thursday it will lay off 13 percent of its workforce, or 660 employees, globally in a bid to streamline operations, Reuters reported. Vembu, in a post on X (formerly Twitter), called the move "naked greed," without naming Freshworks. Zoho and Freshworks compete in the software as a service sector.

This story is from the November 09, 2024 edition of Business Standard.

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This story is from the November 09, 2024 edition of Business Standard.

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