Saturday, July 18, 2009

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Satyam lays off staff, starts hiring afresh

The market may have run dry of jobs, but guess who is still hiring? Well, it’s Mahindra Satyam. Believe it or not, but the scam-hit IT firm has on offer over two dozen jobs in various departments of the company, with the most number of vacancies in its SAP unit. Interestingly, these openings have been created not more than a month after the management of the company moved over 7,000 Satyamites to a Virtual Pool Program (VPP), citing “excess work force” as the reason.

The openings are for positions ranging from storage and WebSphere administrators to SAP and Oracle consultants and managers. Applications from junior as well as middle level employees with work experience ranging from two to eight years have been invited. Most positions are for the firm’s Pune office.

Senior sources say that the SAP unit of Satyam is indeed in “dire need for staff” as it lost many of its good hands and even senior associates over the last few months. Sources say that Mahindra Satyam is frantically looking out for SAP expertise primarily because the company wants to bag certain projects that require this skill.

“The main reason why Tech-Ma took over Satyam was because the latter’s SAP unit was very strong. TechMa wanted to use this expertise to win over the several million dollar-worth British Telecom’s SAP project, that it has been eying for sometime now,” the source said adding, “Though several from this unit of Satyam, including some top leaders, have already quit there are still some experts who, with the help of a larger team, can do wonders.”

Though this recruitment drive might have come as good news for those in desperate need for an opening, it has left Satyamites, currently on VPP, fuming.
Source: EconomicTimes

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