Satyam has become a national issue and a bail out is on the cards. what does that mean ! would a board appointed by the government lay off staff ? unlikely. In the normal course of things, if there was no scam, it probably would have meant a significant lay off for satyam associates considering the recession and poor profitability of the company and almost zero cash reserves.
So cant help thinking atleast a number of employees has been spared the rod for the time being at least. I do not think government managed company would lay off people in large numbers.
May be we all need a scam !
Very true. Hope the bailout happens though. :-)
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