AI, data centre costs are slowing IT hiring, Zoho founder Sridhar Vembu
- Posted on August 2, 2026
- By Business News Today
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- 1 min read
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AI, data centre costs are slowing IT hiring, Zoho founder Sridhar Vembu
Zoho Corporation's founder notes IT job growth is slowing significantly. Funds are now diverted to rising artificial intelligence and data centre expenses. Enterprise customers are also shifting their spending towards AI technologies. Manufacturing automation creates fewer jobs despite lowering production costs.
