Infy not to hire satyam employees!!

INFY NOT TO HIRE SATYAM EMPLOYEES
Deepshikha Monga & Soma Banerjee, New Delhi
The Economic Times

Infosys Technologies, the country’s second-largest IT services exporter by
sales, has told its human resources (HR) executives to refrain from hiring
employees of Satyam Computer Services.

This comes a day after revelations of financial fraud at Satyam, which has
left its 53,000 employees in a state of uncertainty.

“We have asked our recruitment staff not to poach anybody from Satyam. The
company is in the middle of a crisis and people will jump ship,” Infosys
Technologies HR, education & research and administration director TV
Mohandas Pai said. On Wednesday, Infosys had ruled out any possibility of
taking over Satyam. “We will not touch such a tainted company,” Infosys
founder and non-executive chairman N R Narayana Murthy had said.

A person familiar with the matter, who asked not to be named, said that
Infosys would refrain from even hiring domain experts or project managers
from Satyam. Infosys has even advised staff against entertaining calls
from Satyam employees. This development comes as Satyam employees flood
search firms and job portals with their resumes.

Although Satyam’s top management put up a brave face on Thursday, saying
it has assured employees of their future, the flood of messages at job
portals and frenzied blog postings tell a different story. Addressing a
conference on Thursday, Satyam’s interim CEO Ram Mynampati said that the
company had taken care of employees’ December salaries but faced a cash
crunch.
Infy not to hire Satyam employees- Software-Infotech-The Economic Times

 

I seriously cant understand the reason behind this.... I really pity those employees of Satyam...

 

We will hope for the best...