Infosys says they wouldn’t hire Satyam employees and has advised their recruitment teams to not entertain calls from Satyam employees who intend to jump ship at this time of crisis. Nasscom has also asked not to poach from Satyam.

I don’t know if the first story was a misinterpretation, but if NRN had said that in the light of ’safeguarding’ Infosys’s ethics, it was a very wrong statement. Let’s look at it this way, the World Bank refused to work with Satyam for the next few years, another noted Bank canceled their contract with Satyam a few weeks ago, and who is going to fight for these businesses now? Will all the other majors including Infosys ‘let go’ of these businesses? I don’t think so, they would undercut and quote even with the least margins to win these businesses at this time with both Satyam crumbling and the economy being shaky.

However, if the announcement was directed more towards senior management from Satyam’s board that will try to jump, then it should have strictly been an internal communication and not a public announcement.