Tuesday, March 31, 2009

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6,400 Satyam employees quit since September

Satyam Computer Services, which is in search of a new owner, has around 46,600 employees on its rolls now. Nearly 6,400 employees quit the IT firm after September last year, when the company claimed a headcount of 53,000.

Satyam’s suitors have been given information on the validated headcount during the due diligence of the assets of the beleaguered IT firm, people familiar with the development said. Engineering firm Larsen & Toubro, IT services firm Tech Mahindra and a private equity firm are among the seven to eight shortlisted bidders, who have started the due diligence.

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