Satyam
starts bending with at least 10,000
employees who are not needed in the
current situation. And sources say
that half of them could lose their
jobs in the near future.
Before the scam hits Satyam had the
largest manpower when compared to
any Indian IT Firm.
Let’s take a look at the current
status of its bench strength.
Sources say that out of 12,000 employees
on the bench, 7,000 employees are
currently in-between projects, 500
are on unpaid leave and sabbaticals,
and the remaining 4,500 are under
training.
“Some amount of rationalization
is unfortunately absolutely necessary
to make the company viable again,"
said Satyam board member Deepak Parekh.
When contacted, Satyam said, "There
is no official number that has been
stated at this point and the information
is speculative."
IT experts say that the layoff may
start from Hyderabad which has the
largest number of employees.
However the Corporate Affairs Minister
Salman Khurshid said in an interview
“It is very easy to be on an
extreme and say we won’t let
you lay-off people. And it is very
easy to say in an extreme tone that
you can lay off if you like we have
nothing to do with it. The government
has to take a middle path to say,
please lay off keeping in mind that
this is a sensitive human issue. The
government can’t, however, also
say that it doesn’t matter if
the company collapses, you don’t
lay off anybody. The objective is
survival of the company. They are
hard decisions that are being taken
and have to be taken.”
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