Thursday, May 7, 2009

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No layoff so far in Satyam, Tech M to take final call

Satyam Board Chairman Kiran Karnik on Wednesday said so far there has been no layoffs in the company but it is up to the new owners Tech Mahindra to take any such decision. "The decision (of layoffs) would lie with the new owners that is Tech Mahindra... As far as we know there have been no layoffs at Satyam," Karnik told media.

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