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In an exclusive interview with BW Businessworld at at Tenkasi (Tamil Nadu), Zoho’s CEO Sridhar Vembu discusses fervently on the topics of anticipated cuts in IT spends in 2023, global economy in doldrums, Zoho’s no-layoff policy, IPOs, startups and fabs, , Sridhar Vembu, zoho corp, entrepreneurship, startups, ipo, semiconductor, chipsets, Information Technology (IT), layoffs
They like nothing happening on washington. so even if there is chaos on the floor of the house, that is what they are focused on. we having a great 2023 with respect to the economy to the wall street perspective, no more spending is what they want to see at this point. you won't see spending as long as you see this. >> harris: and with no one sworn in. >> kennedy: maybe that's true but that's only way republican get real change here we talked about yesterday but there's so much status quo with democrats, they think they are, pushing sally by chanting hakeem, hakeem but their party isn't going ...
Hakeem jeffries is positioning himself to be speaker, maybe not this time but in another house. i want to answer jackie one quick thing. if you want, the markets want stagnation or blockage, gridlock. they are likely going to have. it could be really nice market time because if you look at how this is all being handled, imagine governing with that slim majority. and you have all these folks say we are not like that and we are moving forward. >> jackie: it's really interesting because we think we are setting up to have a rough year economically and again i separate the markets from the underlyi...
Talked about the economy a little bit. you said there are underlying factors separate from wall street today. most people aren't looking at their televisions for the wall street number today. they are paying the bills. they are in cold places right now like buffalo that is finally starting to thaw. they are thinking heat and eat, those types of issues. they may be watching this. they may be wondering does that delay my ability to do what republicans had promised we would do? >> e>> kennedy: that's very possible, but i think those issues are going to continue with us. throughout the year. >> ja...
This was a change wall street is looking for. wall street isn't saying we want answers to questions of the origins of covid or the withdrawal of afghanistan or hunter biden's laptop or all of those investigations the american people care about. they are looking at policy at this point. i find it very interesting the way the big money moves. >> emily: bret, diwali, tell mike kennedy's question, this is emily, is this right strategy however on the part, will this t their future careers? what blight will this have if any is the longer this goes and the more their goals are not achieved is this hu...