Will Satyam Computers go bankrupt? Raju resigns

[gforce23]

^^ That's probably because the ever shrinking job market has left the jobless with no choice but to interview at places like Satyam. I was on FB last night and found a friend who's been jobless for almost 3 months.

 

[abhijit_reddevil]

Some more news:

*in.indiatimes.com/specialcoverage/3962994.cms?in_showcase&in_showcase

It is revealed that they created fake 10000-12000 jobs either on company's active payroll or retired. The money they showed as salary for these 12000 employees was shifted to other accounts to acquire land here and there in the name of many fake companies.

It is very sad.... Whatever is happening in Satyam...

 

[gforce23]

Some more news:

*in.indiatimes.com/specialcoverage/3962994.cms?in_showcase&in_showcase

It is revealed that they created fake 10000-12000 jobs either on company's active payroll or retired. The money they showed as salary for these 12000 employees was shifted to other accounts to acquire land here and there in the name of many fake companies.

It is very sad.... Whatever is happening in Satyam...

More like 13,000 employees amounting to $4M every month = $307 (Rs. 15K every month). Shows you the kind of salaries Satyam's been paying to those ghost employees. Are fresher salaries really that low?

 

[red_devil]

^ possibly BCA freshers or something like that... I dont think BE/Btech freshers would be paid 15k... guess Kl@w can throw some light on this

 

[Kl@w-24]

^ ^ ^ Yes, B.E. freshers don't have 15K pm package. It's considerably more.

 

[Ecstasy]

So more and more scams are coming out day by day. Highly sad for Satyam.