Thursday 7 May 2009

Satyam BPO Layoffs Job Cut: may fire BPO employees

It is the news that was feared by many - Possible Layoffs at Satyam after Tech Mahindra took over Satyam. And unfortunately, the news is not good for the employees of Satyam BPO. It is reported that the layoffs at Satyam will start with the support staff or the Satyam BPO. The news is not good for the employees of the Satyam BPO as the organization may be going for job cuts. There were some news and rumors in February about a possible Satyam Layoffs Job Cut Rumors and some in January Satyam salary freeze rumors. Now the situation is getting worse for the employees as the recession is taking a toll on all sectors and all of the sectors are feeling the heat. Satyam BPO Logo
How many employees may be fired in the Satyam BPO layoffs?
As per the reports, there can be around 1800 layoffs by Satyam BPO. This figure is derived from the reports of around 60% job cuts in support staff.

What is the total no. of employees of Satyam BPO?
The total no. of employees of Satyam BPO is around 3000 as of now.

What will be the cost and savings by Satyam BPO layoffs?
Around 200 million USD is expected to be saved.

When will the Satyam BPO layoffs happen?
No conrete information is available about the dates, nobody is sure whether the layoffs will be in one single shot or wilkl be in a phased manner.

Which locations and department of employees will be affected by the Satyam BPO layoffs ?
Mostly it will be the BPO or support staff to go. Even related HR are expected to be hit. The billiable employees are reported to be safe as of now. But rumors are there that there may 10,000+ layffs if need be.

What is the primary reasons for Satyam BPO layoffs?
Cost Cutting, Consolidation and over staffing are the main reasons behind the layoffs.

Any other news about Satyam BPO layoffs
As per DNA, Satyam BPO has over 3,000 associates and the ratio of billable staff and the support staff is about 35:1. "The target is to make it 80:1. This means a major shake-up in the BPO arm," the source said.
Let's hope that alternative jobs are available to the affected employees of Satyam BPO Layoffs Job Cut

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