Saturday, January 10, 2009

Microsoft, Oracle, pledge support


Special Correspondent

HYDERABAD: The employees of Satyam Computer Services were edgy on Friday following reports of large-scale pink slips, even as some customers, including Microsoft, extended the much-needed “solid support” to the company.

Though the company sources stoutly denied that the company was planning to offer pink slips to associates working in several verticals, employees were sceptical. The repeated assurances by the newly-formed leadership team could not allay their fears, as interim CEO Ram Mynampati openly admitted that he was unsure if the company could disburse January salaries.

In the e-mails sent to employees, the company gave quotes of several of its customers.

For instance, the representative of Microsoft in response to the leadership team’s efforts in putting said: “Thanks for your diligence. I understand that, like all of us, your team have been blindsided by this turn of events. It is reassuring to hear the steps you are taking and the diligence of your staff in addressing these issues. I will be keenly interested in hearing about the progress you are making. We understand the extremely unfortunate and trying circumstances but will continue to stand by our partnership.”

Oracle promised that Satyam could count on it to assist in every way it could help Satyam go through the difficult time and rebuild confidence.

Cooperation

The e-mail mentioned that a Japanese automotive major said: “We have no intentions of moving away from Satyam and we express our total support and cooperation during this moment of crisis.

“Please convey our commitment to keep our folks motivated and not lose any hope.”

‘A leading software technology company’ informed Satyam that “we will continue to support you with enthusiasm on joint pursuits and in the spirit of our partnership. We consider you a friend of our company.”

The e-mail also mentioned that support came from one of the largest global non-governmental energy company, leading oil and gas refining and marketing company, Australian full service supermarket and leading trans-national media corporation.

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