Satyam Layoff, Salary Cut to 40%, - 7500+ employees affected
CEans,
I just got the news that about 7500 employees from Satyam have been asked to stop coming to the office from 19[sup]th[/sup]June. New terms & conditions will be put up on 25[sup]th[/sup] June.
For the next 6 months, Satyam will offer only 40% of the employees original salary to their employees.
Employees will be told their new 'joining' dates on 25[sup]th[/sup].
Please update this thread with whatever information you have.
I just got the news that about 7500 employees from Satyam have been asked to stop coming to the office from 19[sup]th[/sup]June. New terms & conditions will be put up on 25[sup]th[/sup] June.
For the next 6 months, Satyam will offer only 40% of the employees original salary to their employees.
Employees will be told their new 'joining' dates on 25[sup]th[/sup].
Please update this thread with whatever information you have.
Replies
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CEMemberRe: Satyam Layoff, Salary Cut by 40%, - 7500+ employees affected
So sad for good employees.
@Durga I wish you are on safer side atleast by the time you complete your side by side studies
You are reading an archived discussion.
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