Satyam to hire in Europe, America

Satyam Computer Services is beefing up its sales workforce in the important European and

RELATED ARTICLES

North American markets, in a bid to retain its client base in these vital geographies. The company has begun the process of identifying and recruiting potential sales executives to convince its customers to stay with it as the process of its integration with Tech Mahindra gathers pace.

“We have seen a healthy interest in our initial efforts to hire additional sales resources from the market. We are complementing this further with a group of highly charged, motivated and committed ‘Star’ performers from our pre-sales, solutions and programme management functions, through an intensive, internal selection process,” A S Murty, Satyam chief executive officer, said in a letter addressed to the company’s associates.

A person close to the development said that the recruitment drive had become mandatory as Satyam had lost a big chunk of its sales representatives in the aftermath of the disclosure of the massive accounting fraud committed by the company founder Ramalinga Raju.

“The strength of the sales team in certain geographies had come down by almost 30 per cent. This was putting additional burden on the remaining associates.

“Also, this was affecting the relationship with clients. There was a danger of losing customers to competitors due to this. Hence, it was obligatory to fill up the vacant positions,” the person says. The sales force number should go up by about 20 per cent, the person added.

The move comes as a surprise given that it almost coincides with comments made by Tech Mahindra CEO Vineet Nayyar about Satyam having 10,000 employees too many. The comments had given rise to widespread speculations about massive layoffs being in the offing at the beleaguered Hyderabad-based company.

Satyam has seen an exodus of company stalwarts over the last four months or so, since the scandal first came to light. Some of the top notch executives who have quit over the last few weeks include Hetzel Folden, head of the strategic sales group, Virender Agarwal, business head of India, West Asia and the Asia Pacific region.

Naresh Jhangiani, human resource head of business process outsourcing and Deepak Nangia, head of the Australian region.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

FC NEWSLETTER

Stay informed on our latest news!

EDITORIAL OF THE DAY

  • Foreign brokerages must be Street-smart to win battle of bourses

    Earlier this week, Financial Chronicle reported that foreign brokerages were failing to crack the retail broking market in India, once seen as very pr

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Urs Schöttli

India needs to project soft power

The rise from a regional to a global p­ower is ...

Robert Clements

Walk the talk when giving others advice

The only thing one does with advice is to pass ...

Bubbles Sabharwal

Keeping our value system uninjured

Every time one reads a newspaper, there is fr­esh news ...