Satyam sacks 30 for fudging bills
Satyam Computers has terminated over 30 employees following internal audit findings that they may have ‘fudged’ bills after being relocated
to Chennai from Hyderabad. These project associates allege foul play by the company. “They have taken bills that are almost one and half years old and are asking for us to prove its validity. Even if we are able to prove that the bills are original and not fudged as they claim, they are unwilling to listen to us,” a few associates.
Related items
Anonymus mail to SAP circle of Satyam
Subject: raju, shame on you
Please refer the mails from EAHR/EASAP in below section.
CC: SAP, EA
Related items
Wipro, Satyam see churn at top level
This could well be a new spin to the old adage ‘when the going gets tough, the tough gets going’. Sudip Nandy, P R Chandrasekhar, Sudip Banerjee, Shailesh Shah and Venkatesh Roddam were till a few weeks heading back top officials at IT companies, but quit just when the global IT outsourcing market is facing a financial tsunami.
Related items
More Job Cut coming for India IT Companies
In the last few months the world has changed a lot and it will be never same again for years to come. All over the world, job cut has started seriously and major counties like US, Europe, Japan etc where India has a great interest so far as IT is concerned have already gone deep into economic downturn. Inspite of the best efforts of various concerned authorities in various countries, the situation has not improved at all. Major US companies have already announced big job cuts and they have already cut doen their IT spending for this year. This business strategy will cintinue in the coming days, considering the bad business conditions all over the world. It will definitely lead to more job cuts as SATYAM has done recently. Of course SATYAM may not be good company at all, beuase Raju is not taking much interest in that compnay because of his less stake in the company, but other IT majors like HCL, INFY, etc are soon going to cut jobs. They have already started cost cutting measures, and soon start job cutting also as a measure to cut cost with less business. Particular companies like HCL are very riskly. So try to stick to good companies never attempt to switch to companies like HCL for better job security ! In fact few days back one of my friend told me that his friend who was working in HCL, Chennai was fired abruptly with a 3 days notice period !! Be careful !
Related items
Never Work For Satyam
SATYAM FIRING PEOPLE IS 500% TRUE
Please find my real case:
they follow a very stragic way to fire people when ever they want to fire the employees. The most risky company in INDIA. Every month atleast 100 to 500 people are thrown out with a single day notice. Imagine If you dont have a project or doller dipping states ..SATYAM have to close if the dollar becomes 32 however they are try to expand the bussiness in other areas as well very fast to catch up the tasks. They will ask the bank staements of complete tenure starting the day u join the company lets take last five years or 7 years to pull some body out of company if not required for the project saying your BG is RED and please justify. also they check every thing the day u started the employment to some how to catch a person. Satyam fired 560 this month from hyderabad giving BG RED . real genuine experience people also were fired saying BG RED and people are literally suffereing. My sincere suggestion is better find a secured company rather depending purely clients and revenue rather. start serching jobs rather , or you will also be one like me who lost job even after having 5 years of real time. The most unsecure company. before the dollar falls …please get out of the places like satyam…..
i can say ..you people will learn a lesson for playing with employees
Related items
Satyam firing - in what a Style!
Satyam computers is laying off its employees in a unique style.Though many walkins are being held to recruit freshers, its all hype to show that they have projects.Also they are getting 2 lakh of deposit money per each fresher.Even then huge number of freshers who are in pipeline to join are told to search jobs for
themselves.One is in as long as the project is in progress. Once completed the person is out,reason cited is ,the company is badly suffering from dearth of projects due to the Upaid case. On 22nd September,there is axeing of employees at Satyam’s Chennai centre,and a week ago quite good number of them are laid off at
their Hyderabad centre.The reason as told by the HR department is the company can’t bear the expenditure of employees as there are no projects and its not issue of performance as told to the outside world.And the ones retrenched are replaced by freshers who bring in 2 lakh per head.To the outside world the axed employees are told as having been kept under performance scanner while the main reason here is the financial position of the company.
Related items
Satyam set my Status as ‘Absconded’
Hi All,
I am the ex Satyamite and worked for it 2 years back. Recently, I changed my job and during the BG verification by my current employer, I came to know that Satyam has set my status as ABSCONDED in their Sign database. I don’t know why it happened even when I have all the documents with me like Releiving Letter, Service Certificate, Full and Final Settlement document, Form 16 and the Work Experience Letter received from Satyam. I am the member of Satyam Alumni and can access it by using my id/pwd. I send mails to the person who send the report to my current employer but she is not giving the proper response.
If any of the Satyam HR frequently visits this site and reading this post then please do change my status to Normal Release as the ABSCONDED status will create problem for me as and when I change a job and whenever I submit my documents for any Visa Processing for the verification.
If my status is not set to normal relase then I am thinking for the legal action against the Hyderabad based Satyam Computer Services Ltd. (http://www.Satyam.com)
Related items
Satyam lays off 400 employees
Satyam lays off 400 employees
A. Saye Sekhar
The terminations came as a rude shock to those thrown out
Related items
Satyam Delays Appraisals -
This is an unconfirmed report
Satyam Computer Services Ltd (NYSE: SAY) in its typical Bureaucratic style has indefinitely delayed its 2008 Appraisal process much to the dismay of its 50000+ employees.
To make matters worse the company has not even informed its employees for the reason for this delay.
Attrition levels are expected to shoot up due to this. The company continues to work like a soviet era government run agency!
Related items
Employee Harassment in Satyam Continues…..(for BENCH people this time).
Received via post
Dear Sir,
We are facing a lot of torture from our R.M.[WILFRED_RAJU] in Chennai HCU JAVA. He is not in a situation to give the confidence to the Associates about technical concepts. We are laterals in sat yam.
Related items
