Zoho co-founder and chief scientist Sridhar Vembu has called on Indian professionals who work overseas to return to India. He wants them to take advantage of the increasing opportunities which exist in the local market. Global trade uncertainties together with tariffs and visa policy changes currently affect all international business activities.
Vembu made his remarks in Kumbakonam. He mentioned that multiple international companies have selected India as their preferred location to establish Global Capability Centres which they use to expand their operations.
India presents multiple career chances for professionals which will continue to grow throughout the upcoming years. Our education system, infrastructure and government policies together have created significant strength for the country,” he said.
Responding to questions on the sharp rise in H-1B visa fees and the US-imposed tariffs on Indian products, Vembu suggested that Indian professionals would benefit by choosing to work in India and contribute to the domestic economy by paying taxes here.
No Immediate IPO Plans for Zoho
Sridhar Vembu explained that Zoho will not pursue an initial public offering at this time. The company introduced an Indian-made Enterprise Resource Planning solution that targets local businesses during the event.
Zoho CEO Shailesh Dave said the new ERP platform has been developed as a competitive alternative to global ERP products, offering Indian enterprises a locally built and scalable solution.
Amazon Plans Fresh Round of Layoffs
Amazon, the US e-commerce leader, is preparing to implement a major layoffs program that will affect 14000 of its corporate staff according to Reuters news agency.
The upcoming layoffs will start next week and will increase the total job reductions for the company to approximately 30000 after it already conducted its first round of cuts in October 2025. The proposed plan would create the biggest employee reduction which Amazon has ever conducted since its formation 30 years ago.
The planned job eliminations will impact multiple teams that work across Amazon Web Services (AWS) and retail operations and Prime Video and human resources (PXT) according to sources who have knowledge about the situation.
Amazon CEO Andy Jassy announced after the October layoffs that the reductions formed a part of a larger organizational restructuring process which did not connect to financial pressures or the implementation of artificial intelligence.
Layoffs to Impact Less Than 2% of Workforce
Amazon employs about 350000 corporate employees who work in offices throughout various international locations. The company plans to lay off workers but the total job cuts will remain under 10 percent of their entire staff. The company currently employs 1580000 staff members and the upcoming layoffs will impact only 2 percent of its total workforce.
