NEW DELHI: Infosys Technologies, the country’s second-largest IT services exporter by sales, has told its human resources (HR) executives to refrain
from hiring employees of Satyam Computer Services.
This comes a day after revelations of financial fraud at Satyam, which has left its 53,000 employees in a state of uncertainty.
“We have asked our recruitment staff not to poach anybody from Satyam. The company is in the middle of a crisis and people will jump ship,” Infosys Technologies HR, education & research and administration director TV Mohandas Pai told ET. On Wednesday, Infosys had ruled out any possibility of taking over Satyam. “We will not touch such a tainted company,” Infosys founder and non-executive chairman N R Narayana Murthy had said.
A person familiar with the matter, who asked not to be named, said that Infosys would refrain from even hiring domain experts or project managers from Satyam. Infosys has even advised staff against entertaining calls from Satyam employees. This development comes as Satyam employees flood search firms and job portals with their resumes.
Although Satyam’s top management put up a brave face on Thursday, saying it has assured employees of their future, the flood of messages at job portals and frenzied blog postings tell a different story. Addressing a conference on Thursday, Satyam’s interim CEO Ram Mynampati said that the company had taken care of employees’ December salaries but faced a cash crunch.
Friday, January 9, 2009
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Blog Archive
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2009
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January
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- PSU bank chiefs set to get performance-linked bonuses
- Yeddyurappa not to allow "pub culture" in Karnataka
- You have no value for human lives: SC to Centre
- Satyam investigation becoming farcical
- TCS may call back 20% onsite staff in US
- Faux pas? Padma award goes to wrong person
- 54% Australians worried over job security
- Highest IT salaries: San Francisco, London
- Satyam effect: 70 firms report director exit
- Satyam staff get offers but with 50% pay cut
- Satyam Scam: Raju routed cash via Mauritius?
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- Firms prefer to lay off youngsters vis-a-vis oldies
- Resul Pookutty's Oscar score, music to Indian ears
- Air traveller, caveat emptor
- Software engineer from AP found dead in US
- TCS to go slow on lateral hiring
- Defamation case against A.R. Rahman, Anil Kapoor
- Sunil Jain: Serious fraud
- Govindraj Ethiraj: Two faces of corporate dishonesty
- Satyam may have inflated employee count - report
- Suit against Upaid withdrawn
- Satyam managers struggle to retain customer base
- Corruption in India like Africa: WB official
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- Lazard Asset sells stake in fraud-hit Satyam
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- KPMG, Deloitte named new Satyam auditors
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2 comments:
Infosys being the second largest IT exporter, has given such irrelevant statements about Satyam and Satyamites,
Narayana Murty is just trying to take advantage of the current situation ,He's just trying to lure clients of satyam.
Infosys will surely reliase the mistake by making these kind of statements,Satyam associates will never leave the company at this time of crisis,How can Infosys expect Satyamites to ship boates .
Satyamites will fight till the last minute to regain the glory and honour of the company.it will surely regain one of the top most position in the IT industry.
I say again that,No Satyamite would dare to join a company like Infosys ,which is trying to demotivate competitor's clients.
Infosys should not dream about salvaging the Indian IT industry ,It should know that ,Satyam has a company is still existing with over 600 clients and serving in 66 countries ,those numbers are definitely more then infosys.
Infosys being the second largest IT exporter, has given such irrelevant statements about Satyam and Satyamites,
Narayana Murty is just trying to take advantage of the current situation ,He's just trying to lure clients of satyam.
Infosys will surely reliase the mistake by making these kind of statements,Satyam associates will never leave the company at this time of crisis,How can Infosys expect Satyamites to ship boates .
Satyamites will fight till the last minute to regain the glory and honour of the company.it will surely regain one of the top most position in the IT industry.
I say again that,No Satyamite would dare to join a company like Infosys ,which is trying to demotivate competitor's clients.
Infosys should not dream about salvaging the Indian IT industry ,It should know that ,Satyam has a company is still existing with over 600 clients and serving in 66 countries ,those numbers are definitely more then infosys.
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