Marketer | Animal Lover | Nature & Travel Enthusiast
*Views expressed are personal & do not represent the position, opinion or strategy of my employer*
If any CEO receives this from their finance or advisory team and forwards it to Marketing, someone please remind them that Zoho didn’t wake up one morning with global brand recognition.
Years of investment, brand building, and market credibility came before the privilege of cutting budgets. 🙂
And perhaps we shouldn’t treat every recent update from an increasingly vocal Vembu as a business strategy to follow, without understanding the context or questioning its relevance to our own business.
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 🙏
Chennai folks, where are the really good pizzas at? 🍕
Lazy Leopard is a favourite, and we occasionally indulge at Toscano and Nolita.
Looking for some kickass recommendations to try next!
@viggnesh90 Been avoiding Bangalore. 🙈
And yes, Crust Pizza is not there anymore I guess.
It's so difficult to find good ones in Chennai, even though the city is overcrowded with new joints now.
There’s a weird kind of career burnout where you don’t hate your job enough to quit, but you know you’ve outgrown it enough to feel miserable staying. Then you look at the job market and think, “Actually, maybe I’ll just suffer here a little longer.”
I saw a post on Reddit that said that “The underlying purpose of AI is to allow wealth to access skill while removing from the skilled the ability to access wealth.” And I don’t think I’ve ever seen AI described so incisively.