As Satyam plunged into a deeper crisis with its founder and former chairman, B. Ramalinga Raju confessing to a financial fraud and later being arrested, the fate of thousands of employees at Satyam and its subsidiaries were hanging in imbalance. At this point of crisis there would be nothing more that general advice that anyone could offer these employees. Stay calm and monitor the situation. Things should settle down very soon. The kind of company Satyam was, with its magnitude and presence, there would certainly be a bailout that would happen.
Nipuna is the BPO arm of Satyam and has been in business for some time. It has offered stability and growth to its employees, thanks to the kind of businesses it has been handling. But what is in store for its employees is still a question without answers.
A look at similar instances from the past could give confidence to all of you who are going through this crisis situation. Satyam is a huge company to be dissolved overnight. The most viable option in front of the government and the corporate world is to put Satyam into some kind of acquisition or, takeover process. If that be the case then there is a bright future for all the employees.
So my advice like anybody else’s, at this point would be to remain calm and watch the proceedings. Have confidence in yourself. Your experience of all these years is more than enough to get you a job of your choice if you decide to change jobs tomorrow. So why go for an inferior option today, thus destroying your careers. Let the tide get over and you would see better days.
All the best to all of you.