Satyam staff with SAP skills are being eyed up by rival firms in India with uncertainty forcing thousands of workers...
to weigh up their options.
Satyam has a well respected SAP practice that works with businesses across Europe
According to Kris Lakshmikanth, CEO at Indian recruitment firm Head Hunters, 30,000 Satyam workers are looking for jobs, following the firm's former chairman's admission that he had cooked the company's books.
Lakshmikanth said the workers in the Satyam SAP practice are attractive potential recruits for the company's competitors.
Douglas Hayward, analyst at IDC, said other suppliers will be looking at staff with SAP skills. "From our experience, talking to customers, Satyam's SAP business has a good reputation. They have good people."
"The best people will want to leave and they should not have trouble finding new employers," added Hayward.
But he added that demand for SAP is likely to fall as a result of the recession.
He does not expect the major European suppliers to want anymore staff in India. "The tier one suppliers are already big enough, but some of the tier two suppliers might be interested in more Indian staff."
Satyam has stated the importance of restoring confidence amongst its employees, and the government-appointed board, which took over the company's running, has made it a top priority.