Yeah.. mid yeat bonus time.. so obviously the economy has slowed down. I thibk it will pick up after oct. Next slow down will come around april next year. This is cyclical.
Any time now a ceo/md will come and say we need to work twice as hard inorder to survive this , " perform or perish".. etc.
Since y2k, the end of world has become a cliche.
I think many employees and teams will have access to the numbers that Sridhar is mentioning so it might not be so easy to just lie about them.
I do agree. Compared to other suits, this guy is much more reasonable. But the consistency of lies peddled by the cxos have made me cynical.
But yes, thes guy usually is carefull in uttering such things. So guess there is slowdown.
He is a pessimist, he says like this to retain the employees of Zoho and make them stay in that company for a longer time. He has been saying this for the last 5yrs. Nothing happened as such.
Different people, different opinions. Very hard to predict about the future which depends on hell lot of factors.
+1
He has been saying this for past 5 years I remember. I worked there for two and half years in Zoho as technical support. Everytime he always speaks about bubble burst asks us not to get debt ridden live in a simple manner. But I say, it is like what may come in future go full on having good financial discipline. Predicting this will happen or that will happen no one can know. Also, Zoho is a terrible place to work with politics under sky high. He is also ultimately a corporate guy where managers of team make the life of every employee pity. Glad I am out of Zoho and all the comfort zone it provides. It is better to be king outside rather than licking shoes inside Zoho.
The economy would only go back to normal when inflation cools down, and US federal reserves bring down interests rate back to ~ 2%. Now, the interests rate is near 6%, and it makes a lot more sense for investors to just put the money in safe government bonds rather than risky investments like start-ups.
Hmmm, time will tell. But shit has hit the fan for sure
He has bought a large number of puts
Tired of this corporate drama prince and his politically driven posts.
