Satyam attempts to boost worker morale

Satyam is using a system designed forweb-based training programme to boost morale among its disgruntled workers.

The...

Satyam is using a system designed forweb-based training programme to boost morale among its disgruntled workers.

The Indian IT supplier is using Planet Satyam, which has a radio and TV channel used for virtual training, to show staff that the company has a future despite being at the centre of a $1bn fraud.

Speaking earlier this month, Deepak S Parekh, who is part of the new board at Satyam, said, "The top priority of the board is to restore confidence of the customers, the employees, the suppliers and the investors by ensuring business continuity."

But Kris Lakshmikanth, CEO at Indian recruitment firm Head Hunters, said the majority of Satyam workers are already looking for jobs. "About 30,000 people are looking for new jobs and some of them are even looking as a team," he added.

He said all the other Indian IT suppliers are interested in the Satyam workers, "If they bring business or a skill that is in demand." He said because the world market is slow, including India, many staff will have to remain at Satyam.

Satyam is using Planet Satyam to showcase studies of how companies that have been hit by fraud have recovered.

It has highlighted Computer Associates (CA) in 2004 as an example of a company that has recovered from being involved in a massive scandal.

Executives at CA were charged with premature reporting of $2.2bn in software licensing revenue and the use of a fraudulent accounting scheme.

Its CEO Sanjay Kumar was sentenced to 12 years in prison and fined $8m for his role in the massive accounting scandal. But CA has since recovered.

B Ramalinga Raju, the former chairman at Satyam, this month admitted that he fixed the company's books to the tune of $1bn for several years.

Computer Weekly used a blog set up by Satyam staffto askhow many people had left. "Left? We are all sticking around hereno quitters here," said the blogger in reply.

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