Satyam Acquisition

After almost 3 months of speculation and uncertainty. Satyam was finally acquired by Tech Mahindra with a stake of 51%. But, uncertainty still looms for the employees of Satyam .Tech Mahindra hasn’t made it clear if they would, be any sort of job losses as a result of this acquisition.

Tech Mahindra has big challenge ahead as to how will they absorb the 43,000 employees of Satyam??

During an acquisition, apart from the owners, the employees also undergo a lot of stress, and have a lot of questions crossing their minds:

Will I loose my job?
If I do have my job, how much will I be paid?
What benefits will I receive?
Will I be in the same department?
Who would be my new colleagues? Will I be able to get along with them?
What will be the work culture? Will I be able to fit into that work culture?

With so many questions and concerns the employee’s focus shifts from work, while some of the employees might move on to better opportunities outside the company.

If Tech Mahindra wants to be successful with this acquisition, and if they want it to turn out to be a fruitful one, they need to constantly communicate with the employees of Satyam, make their plans known to the employees so that the whole acquisition process goes smoothly with no hard feelings.

If not the chances of them loosing out on good employees is high and also it would create a very negative environment, which would not be beneficial for Tech Mahindra and Satyam.