<ul><li>Zoho Corporation founder, Sridhar Vembu, criticizes Freshworks layoffs.</li><li>Vembu argues that a cash-rich company prioritizing shareholder buybacks over employee retention cannot expect loyalty.</li><li>Freshworks recently laid off around 660 employees and announced a $400 million stock repurchase program.</li><li>Vembu expresses concern over the trend of prioritizing shareholder value over employee well-being.</li></ul>

Sridhar Vembu slams Freshworks layoffs; says cash-rich company can't expect employee loyalty if it prioritises shareholder buyback

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