Future of Satyam's surplus employees at stake
"We're discussing it with the boards of both the companies. We will try to look at growth opportunities and see if we can balance it out by ramping up (getting more) business. We will review the situation on May 15," CP Gurnani, President (international operations) of Tech Mahindra told Business Standard.
Tech Mahindra and Satyam would continue to function as standalone companies till the shareholders take a call. The new buyer, however, maintains that the Satyam employees, who are in the bench, would be used for its projects instead of opting for hiring more, reports The Economic Times. Currently, the number of surplus employees is between 6,000 and 12,000.
The bloated Satyam workforce will be used along the lines of 'secondment', which imply to transfer a person from his or her own workplace to a temporary assignment elsewhere.
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