Tech M to review 'surplus employee' in Satyam

Analysts believe the number of “surplus” employees is between 6,000 and 12,000. The situation has arisen as Satyam was once a $2.2 billion company with over 50,000 employees. Though the accounts have not been restated after the revelation of forgery by its ex-head, Tech Mahindra) officials peg the revenue at around $1.3 billion. Why would Satyam need the same number of employees when the turnover has almost halved.

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