Thursday, April 1, 2010

10,000 employees will lose jobs

Satyam Computer has been taken over by Tech Mahindra by purchasing 51% of Satyam Computers share. Tech Mahindra sent shock waves to Satyam employees by announcing that 10,000 of Satyam employees will lose their job. Sources said that that the layoffs are likely to start from Hyderabad, which has the largest number of employees.

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