Hyderabad: Close on the heels of giving pink slips to a few hundred of its associates, Satyam Computer Services has sacked 40 employees on the allegations that they fudged travel bills.
“We take a strong view on this issue.
We reimburse employees’ travel costs as they go on trips and relocate. When they are not using the bookings done at the company offices, they submit bills given by the service providers,” a Satyam spokesperson said.
“In this case, we found that the bills were fudged over a period of three months,” the spokesperson added.
The idea is to send a strong message to the staff on this issue, keeping in mind the increasing travel costs.
In the quarter ended September 30, 2008, the company spent $28.70 million (4.4 per cent of the revenues) on travel expenses as against $26.30 million in the same quarter last year, a growth of about 9 per cent.
Thursday, December 4, 2008
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