[image: Media stand outside the headquarters of Satyam Computer]
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<http://business.rediff.com/slide-show/2009/may/15/slide-show-2-satyam-may-lay-off-over-12000-employees.htm>
*Satyam may lay off over 12,000 employees*
* *
Satyam Computer Services, which is now controlled by Tech Mahindra, is
planning to lay off 12,000 to 14,000 employees.
Sources said that the new management made a formal announcement before
senior management personnel on Thursday on the issue of reducing manpower by
up to 14,000 people.
Satyam currently has just over 40,000 employees, of which 19,000 are
'billing employees,' while just over 20,000 are 'non-billing' staff. Almost
everyone currently on the 'bench' is in danger of losing employment at
Satyam, a source said.
*Text: A Correspondent in Mumbai*
http://business.rediff.com/slide-show/2009/may/15/slide-show-1-satyam-may-lay-off-over-12000-employees.htm
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