| Description |
1 online resource (12 pages) : tables |
| Series |
Human resource management online (text) |
| Summary |
Triggered by the sub-prime mortgage crisis, the US financial crisis (2008) resulted in engulfing the world economy with a sudden downfall in all the major economic indicators leading to unprecedented layoffs. Amidst these layoffs, Satyam Computer Services Ltd was hit by an internal financial scam, aggravating its situation more than any other Indian IT company. As the future of the company hung in a dilemma, Tech Mahindra bought a controlling stake in the organisation and declared that it had to solve the problem of surplus workforce at Satyam which ranged between 7,000-10,000 associates. Amidst speculations of massive job losses, the company announced an innovative scheme - the virtual pool programme (VPP) - to address the issue of surplus workforce while at the same time retaining talent. However, can VPP be seen as an effective talent management strategy amidst downturn? VPP has also been seen as an indirect way of laying off people. The pedagogical objectives are to: (1) discuss and analyse the background and efficiency of Mahindra Satyam's VPP; (2) analyse VPP as a talent management strategy amidst downturn; and (3) discuss the impact of VPP on Mahindra Satyam's associates in general and the resulting effects on the Indian IT job market |
| Notes |
Case study reference no.: HRM0053 |
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Title from resource description page (viewed May 26, 2015) |
| Bibliography |
Includes bibliographical references |
| Notes |
In English |
| Subject |
Employees -- Dismissal of -- Case studies
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Manpower planning -- Case studies
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Personnel management -- Case studies
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Employees -- Dismissal of.
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Manpower planning.
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Personnel management.
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| Genre/Form |
Case studies.
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| Form |
Electronic book
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