Along with the bailout plan announced by YSR for Satyam Company, NASSCOM had requested all the other Indian IT giants not to hire Satyam employees. Vasanth, HR from Wipro says " We are getting enough number of resumes from Satyam employees and many of them are even ready to take offer for a less salary up to 30% of their current CTC (cost to company ), but we are ordered not to hire Satyam staff".
Current employees of other companies are also little bit worried because of the risk of replacing them with Satyamite with less salary.
Sridharan (name changed) a Satyamite says, " I tried to manage a job for same salary in TCS but they asked to return their offer as I belong to Satyam". As the IT company's strength is Human Capital, if employees leaves the company the client will be in trouble and the Company is the final looser, as NASSCOM has taken this step. An employee who has lost his job in Satyam says "I lost job in Satyam and now I am not getting job else where because I had worked for Satyam. Is that a curse? Is government looking out for any bailout plans to look after employees like me?
