EnterpriseInc42about 2 hours ago
Zoho Cuts Costs Amid Rising AI Expenses
5 min read
Zoho cofounder Sridhar Vembu states server prices rose 4-5X in a year while AI usage pushes up operating costs. Consequently, Zoho plans to cut its marketing budget, freeze headcount for 18 months, and pause salary hikes this year. Meanwhile, Figma CFO Praveer Melwani noted margins might drop below 90% as the company invests in AI features.
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