Satyam says PF figures of employees exclusive of associates
The number of employees in embattled Satyam Computer is increasingly becoming an enigma as the company said its head-count is more than 43,662-- a figure reportedly given out by PF authorities.business Updated: Jan 29, 2009 21:10 IST
The number of employees in embattled Satyam Computer is increasingly becoming an enigma as the company on Thursday said its head-count is more than 43,662-- a figure reportedly given out by PF authorities.
"The total number of PF accounts maintained for Satyam employees does not include associates of the company who are foreign nationals and do not fall under India's PF regulations."
Satyam has a over 60 nationalities represented in its global workforce and it has presence in over 65 countries.
There were reports in the media stating that the company has only 43,622 employees on its payrolls as stated in the PF records, not 53,000 as claimed by the company.
The company said the employee figures quoted by the Provident Fund Organisation also does not include associates of Satyam BPO and other companies acquired by Satyam such as Bridge Strategy, Citisoft, S&V globally.
The spokesperson further added that the company continues to work with the audit firms reviewing the headcount data.
First Published: Jan 29, 2009 21:08 IST