‘We are not creating new jobs’: Zoho’s Sridhar Vembu flags AI’s impact on IT hiring

‘We are not creating new jobs’: Zoho’s Sridhar Vembu flags AI’s impact on IT hiring

Zoho founder warns India's IT sector redirects hiring budgets to AI infrastructure, stalling job creation. For IT leaders, capital flowing to AI over headcount signals a structural shift: organizations must scale output with fewer people, contracting talent pipelines globally.