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IT industry not creating new jobs, funds diverted to AI, data centre costs: Sridhar Vembu - The Economic Times
In a post on social media platform X, Vembu noted that while the IT industry, including Zoho, has avoided large-scale layoffs, it has failed to generate significant new employment opportunities in recent years.
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hindustantimes.com
‘We are not creating new jobs’: Zoho’s Sridhar Vembu flags AI’s impact on IT hiring
Sridhar Vembu said AI and data centre costs had slowed new hiring across India’s IT sector. | Trending
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newsbytesapp.com
IT industry not creating enough jobs anymore, says Sridhar Vembu
Zoho's Sridhar Vembu highlights India's struggle to generate jobs for its youth, attributing reduced IT hiring to increased spending on artificial intelligence and data centers.
