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| 70-80 senior leaders at Satyam under lens |
| BS Reporter / Hyderabad Jun 25, 2009, 00:51 IST |
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Ram Mynampati resigns.
Mahindra Satyam is understood to have asked its middle-level leadership to shape up. The roles of these officials, according to a new plan, which will be effective from July 1, will be “trimmed” to reduce duplication, rendering the work profile of around 70-80 senior leaders redundant. Each of these employees have about six to seven years’ experience at Satyam, a company official, confirmed on condition of anonymity.
“The new owner has lost no time in communicating that it’s performance which will matter,” the official said. Those employees who are not pliable enough to meld in these new roles may be asked to leave the company, he said, adding that integration was on the cards in verticals like telecom, which is the core strength of Tech Mahindra.
He said these managers would be measured by the profits or losses their units made. "Several organisational layers would be removed. In some departments, there are double and sometimes even three layers of accountability, which is a waste of time and resources," the official added.
Tech Mahindra is also exploring the possibility of taking some senior staff from Mahindra Satyam into their company.
Meanwhile, Ram Mynampati — former Satyam executive director — is understood to have quit the company. A senior executive of Mahindra Satyam, however, said that Mynampati has “indicated his intention to resign” but he was not aware whether he had put in his papers.
Mynampati was the interim chief executive officer of Satyam for a brief period after Ramalinga Raju had confessed to the massive financial fraud in the Hyderabad-based IT company. A day after the shocking disclosure of Raju on January 8, the then 10 top leaders of Satyam, including Mynampati, issued a joint statement pledging to remain in the company and work jointly to steer the organisation. Shortly thereafter, Mynampati left for the US where he has remained till now.
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