technology
Hardware
Chips
Graphics
Notebooks
Peripherals
Servers
Software
Science
Internet
Defence
Research
Unbelievable
telecoms
Applications
Broadband
Digital Content
Infrastructure
Mobile
business
Financials
Legal
Logistics
Resellers
Retail
Security
Rumour
Letters
outsourcing
BPO
Outsourcing
CRM
NewsNow
NewsNow
NewsNow

RSS Feed


Monday, 21 May 2012 15:26 UK Login |  Bengaluru, India


 

Satyam plans layoffs

Sales support staff may face the chop

By Jayant Mishra in Mumbai @ Monday, February 09, 2009 9:56 AM

 
 

Satyam Computer has decided to lay off employees from its sales division in order to meet operating expenses and clear its debts. Nearly 10 per cent of its claimed workforce of 53,000 is engaged in providing support functions.

T Hari, Satyam’s global head of marketing and communication, said, "We are looking at rationalising employees who provide pre and post-sales services onsite as part of the cost-rationalisation exercise."

The support staff functions include HR and finance, besides pre and post sales services. The company sees support staff as non-billable employees, who need to be moved to billable rolesin order to avert huge layoffs.

"But, given the current state of Satyam, trimming of sales force overseas is imminent. We have no plans either to take on board graduates who were offered jobs a year ago,” said Hari.

Last year, the company scaled down hiring projections for FY09 to around 8,000-10,000 people against the 15,000 it had earlier projected, citing the global economic meltdown. It may, however, go all out to retain associates who are critical for projects, reports the Economic Times.

"The focus would be to hold back at least 15 to 20 per cent of the associates working on a specific account, as the company reckons that they are needed for customer continuity as well. We will look at a higher monetary and non-monetary compensation for this segment," added Hari. X

 
  Add Comment 
  
Copyright 2009 - ITExaminer.com  Terms Of Use  Privacy Statement  Contact Us