Zoho Considers Work From Home Policy After PM Modi's Appeal Amid Global Crisis
After PM Modi's WFH appeal, Sridhar Vembu says Zoho 'will revisit work from home now’
Mint
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In response to Prime Minister Narendra Modi's call for cost-cutting measures due to rising crude oil prices and the ongoing crisis in West Asia, Zoho CEO Sridhar Vembu announced that the company will reconsider its work-from-home policy. Modi urged Indians to adopt habits from the pandemic era to conserve resources.
- 01PM Modi urged Indians to adopt work-from-home practices again due to economic pressures.
- 02Sridhar Vembu, CEO of Zoho, stated the company will revisit its remote working policy.
- 03Zoho has actively supported small vendors and will continue to do so during work-from-home periods.
- 04The ongoing Iran-US conflict has led to rising crude oil prices, impacting global supply chains.
- 05Modi emphasized the importance of conserving foreign exchange and reducing fuel consumption.
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In light of the ongoing crisis in West Asia, Prime Minister Narendra Modi has called on Indians to revive work-from-home practices as a cost-cutting measure. This appeal comes amid rising crude oil prices, which have surged above $105 per barrel due to geopolitical tensions. In response, Sridhar Vembu, the founder and CEO of Zoho, announced that the company would reconsider its recent shift back to office work. Vembu highlighted that Zoho had previously adopted a full work-from-office model but is now open to revisiting remote work options. He also mentioned the company's commitment to supporting small vendors, such as canteen operators and tea stalls, who rely on office footfall, by providing assistance during work-from-home periods. Modi's remarks were made during a BJP rally in Hyderabad, where he urged citizens to adopt habits developed during the COVID-19 pandemic, such as virtual meetings and video conferencing, to conserve resources and reduce fuel consumption.
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The shift back to remote work could significantly affect local vendors who depend on office workers for their business, potentially leading to decreased income during work-from-home periods.
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