<ul><li>Zoho, a software-as-a-service (SaaS) company, has decided against layoffs amid global macro headwinds.</li><li>The company will implement a hiring freeze for engineering roles and reduce marketing spending, but selective recruitment for customer-facing roles will continue.</li><li>Zoho has experienced a 65% compound annual growth rate (CAGR) within the mid-market and enterprise segment over the last three years.</li><li>The company serves over 90 million users across more than 600,000 businesses and is optimistic about its prospects, particularly in India.</li></ul>

Zoho to freeze hiring for engineering roles, no layoffs

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