Satyam Salary | Satyam Employees | Satyam Takeover

Satyam’s interim CEO Ram Myanampati’s acknowledgment about “dismal liquidity” on its working capital has made employees suspicious, who a few hours back were guaranteed by the management that their salaries would be distributed on time. Although everyone received December satyam salary, Satyam employees are dreading that January payouts, due in three weeks, will be delayed.[ www.business-standard.com]

However, there are companies that are hiring in the current scenario and depending on the job profile, one could land a job at companies like Tesco HSC. The company is looking to add around 1,200 people to its existing workforce of 3,000 plus. “We would certainly be open to hiring anyone from Satyam.

“In the current context, those leaving Satyam should be prepared to take a salary cut. And while no company might want to admit it, those coming from Satyam will be subjected to extra scrutiny,” says B S Murthy, CEO of Leadership Capital. “While bottom and mid rung staff with technical expertise might be considered, leadership positions are not likely to open up for Satyam staff.”[ www.economictimes.indiatimes.com]

The economic crisis is not only happening in the U.S., but already is a global crisis. We all have to be prepared and explore new business opportunities that can overcome the financial crisis time.