Satyam To Axe 4,500 Employees

Satyam Computers is planning to lower the burden of workforce. As many as 4500 employees can be affected by this decision of the company. The company has total work force of 51,000 employees at present.

The company has also started the performance improvement plan and asked low performer to either quit or sharpen them.

The company Chief, Ramalinga Raju warned them about un-disciplinary behavior through an email

The founder and Chairman, Satyam Computer Services Ltd, B. Ramalinga Raju also stressed the need to expand the private-public partnership to the social sector. He expressed these views in the annual ICT (information, communication and technology) event organized by Confederation of Indian Industry and the Tamil Nadu Government.

“An entrepreneur from another State successful in Tamil Nadu” award is given to Mr Satya Prabhakar who is a Founder and Managing Director of Sulekha.com. The Co-Founder and Chairman, e4e Inc, K.B. Chandrasekhar was awarded with ‘Global Impact’ award. ICT Eco-system was given to the Professor of Department of Electrical Engineering, IIT Madras, Dr Ashok Jhunjhunwala.