Satyam Computer Services has started the process of shifting associates from its leased facilities in various centres to its owned ones as part of its widespread cost-cutting measures.

Satyam would be moving a sizable chunk of its employees from high-cost to low-cost centres. Other financial prudence measures adopted by the Hyderabad-based company include cutting remunerations and staff allowances.

About 3,500 Satyam associates, who presently work in rented buildings, would be moved to two company-owned campuses in the city, a person close to the development told Financial Chronicle. The company, at present, has eight leased facilities in Hyderabad.

Four leased properties in Hyderabad, three in Bangalore and two in Chennai are a part of the exercise. “Annual savings through this exercise could amount to about Rs.100 crore,” the person said. “The measures may also be adopted in offshore centres in the future, though a timeframe has not been decided.”

The shifted employees would be accommodated in the buffer capacity that Satyam has at its centres.