No Salary for next 2 months for Satyam Employees
Posted on | January 9, 2009 |
According to the sources employees at Satyam have received a mail by management saying they will not to get salaries for next 2 months.
After the speculation of layoff of nearly 15000 employees this is an another big bang on Satyam workforce. Till now plans for layoff are denied by the management.
Past experiance with other similar incidents happened in Enron, Worldcom and the Mirror Group firms shows that the employees suffer the most from frauds perpetrated by their bosses.
Related news @ Rediff
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Since 7th June 2007
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January 9th, 2009 @ 5:17 pm
thats really a bad news to thousands of satyam employers , no wonder 700 application came to naukri.com in the day satyams fraud was uncovered