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Slashed pay, `virtual' job for over 7,000 Satyam staff

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Angsuman Chakraborty

Posts: 19816
Nickname: angsuman
Registered: Dec, 2003

Angsuman Chakraborty is the CEO and Chief Architect at Taragana
Slashed pay, `virtual' job for over 7,000 Satyam staff Posted: Jun 11, 2009 4:19 PM
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This post originated from an RSS feed registered with Java Buzz by Angsuman Chakraborty.
Original Post: Slashed pay, `virtual' job for over 7,000 Satyam staff
Feed Title: Simple Thoughts - Java and Web Technology Blog
Feed URL: http://tech.gaeatimes.com/index.php/feed/
Feed Description: News and views as a Software Architect and Entrepreneur on Java and Web Software.
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MUMBAI - Between 7,000 to 10,000 Satyam employees have been put in a virtual pool, continuing their association with the company but with reduced pay, the IT firm said in a regulatory statement Thursday. The virtual pool programme is an innovative way of retaining the excellent human assets of Satyam despite the difficult economic situation, chairman [...]

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