Director #Bala recalls that #Bhagyaraj introduced him as an actor in #PudhiyaVaarpugal when he was studying in Class 6 in Theni.
He also shares a personal memory of having dinner at #Bharathiraja’s home and reveals that the two later had a fight. 👀
The business outlook for software is uncertain and AI has raised costs dramatically with a) massive 4-fold increase in server prices which we need for data centers b) AI usage increasing rapidly, leading to much higher expenses, which we are trying to control.
On top of that is the challenging geopolitical backdrop.
We have cut down on our marketing budget. We have also told our employees that we cannot have our usual pay increase this year. I have apolgized for not being able to avoid this.
We will work hard to avoid mass layoffs but the outlook for software jobs in general is grim. We have not been growing our employee count for 18 months now.
Most of our employees understand the situation. I am thankful to them.
We are in the middle of reinventing ourselves. The next 3-5 years will decide how our reinvention has worked. Please pray for us 🙏
Initially, when I started hearing about this, I did not want to write about it so as not to sensationalise it.
Now many people are coming forward with what is happening to them.
Being laid off is not in your control, but please do not quit your job in the software industry.
People with even 10 to 20 years of experience are not getting even a single call after literally hundreds of applications.
Except in certain domains and niches, it looks like no meaningful recruitment is happening in the software industry. I am not only talking about entry level jobs. It is jobs at any level.
Sridhar Vembu has posted today that Zoho cannot give the usual pay hikes this year. A person who has created so much rural employment is now saying he will work hard towards avoiding mass layoffs.
Zoho has not been able to meaningfully add to its employee count for the last 18 months. As an ultimate insider, Vembu says the outlook is becoming grim for software jobs.
There is no magic wand to offer immediate solutions for such serious problems.
The past has taught us that new industries and new opportunities keep emerging.
That is what the entire software industry may also go through in the next few years.
Vembu ends the note by asking everyone to pray for them.
எங்கடா இங்க இருந்த பைக்-அ காணோம்..! அதிவேகத்தில் வந்த காரால் நடந்த விபத்து... நூலிழையில் உயிர் தப்பிய இளைஞர்... பதறவைக்கு சிசிடிவி காட்சி
#Tuticorin | #Accident | #CCTV | #PolimerNews
@polimernews மூணு மாசத்துக்கு முன்னாடி பொட்டி வாங்கிட்டு ஆதரவு கொடுத்துட்டு..
இப்ப வேற கட்சியோட நிக்கிறது நீங்கதான் சுய பரிசோதனை செய்யணும்.... நீயும் உன் பொண்டாட்டி மட்டுமே கட்சி இல்லை....@draramadoss