Intel's neglect of employees contributed to its decline: Zoho CEO

Sridhar Vembu, the CEO of Zoho, has attributed the contrasting fortunes of Intel, Nvidia, and AMD to their respective approaches towards employees. While Intel's decline has been linked to various factors, including strategic missteps and a lack of innovation, Vembu emphasizes the importance of prioritizing employee well-being and satisfaction.

By contrast, Nvidia and AMD have experienced significant growth and success, which Vembu suggests is due to their focus on employee morale, compensation, and work-life balance. These companies have cultivated strong corporate cultures that empower employees and foster innovation.

Vembu's comments underscore the critical role that employees play in a company's success. By investing in their workforce, companies can drive innovation, improve productivity, and ultimately achieve long-term growth.

Zoho CEO Sridhar Vembu, in a recent post on X (formerly Twitter), critiqued Intel for prioritizing Wall Street over long-term growth, stating, "Intel took care of Wall Street instead, and they have lost comprehensively to TSMC, AMD, and Nvidia. And now they have lost Wall Street as well." Vembu's analysis came in the context of Intel's struggles and broader reflections on layoffs, including those at Freshworks.

Responding to criticism labeling him "a socialist" for his views, Vembu invited others to decide for themselves based on his stance, emphasizing the need for businesses to prioritize sustainable practices over short-term gains.