Thursday, February 19, 2009

Uncertainty is devastating – Satyam

Uncertainty with respect to the future of over 40,000 Satyam employees is devastating. There seems to be split at the top. Several senior level employees seem to be not cooperating with the new board and the interim CEO. Still, a lot of muck may be hidden by the so-called “loyal to Rajus” group of senior level employees.

There is no doubt that all the muck need to be cleaned so that the clients’ interest and shareholders confidence is restored back for the smooth transition of the company to any potential buyer. One of the important aspects missing seems to be the employees’ opinion on the present situation and the future. Whole-hearted cooperation from all the top and middle management level employees is important requirement for Satyam to see through this man-made crisis.

1 comment:

Anonymous said...

Hi Do you hear me,

I am sure that the middle and lower rung empoloyees at Satyam are with the new management. Those who would not have would have jumped the ship by now. Stalling efforts to unravel the information would definately attract attention among the new management. And plus after all this i am sure nobody wants to be caught on the wrong foot. Over and above this, the CID, CBI, etc have come forward to state that the company is fully co-oerating with the investigations which should take away all doubts about the challenge in unraveling information.