Results 1 to 1 of 1
  1. #1
    Runner Up - Admins Awards
    Join Date
    Dec 2009


    Default This merger will cause no job loss: Satyam, Tech Mahindra to staff

    Follow us on Social Media

    Employees of Mahindra Satyam and Tech Mahindra need not sweat. None of them would be laid off just because these two companies are merging, a top official told DNA.

    In fact, senior managements of both companies have started investing a lot of time reaching out to every single staffer at every location, thus trying to allay any fears of retrenchment since the merger was rolled out, said L Ravichandran, Tech Mahindra president, IT services.

    “There’s not going to be any layoff because of the merger,” assured Ravichandran after an event to mark an agreement between Tech Mahindra and Indian Statistical Institute on knowledge sharing in analytics for the telecom vertical. “This is not a new marriage. It was on the cards for the last two years. So, it’s not a surprise. We know utilisation of staff in both the places. Also, we have been jointly planning on campus recruitment and going to management institutions,” Ravichandran explained.
    ...being a human...



Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts