Satyam Thinning Executive Ranks?

Susan Hall

The Indian government-appointed board overseeing scandal-ridden Satyam Computer Services has sacked the U.S.-based senior vice president of banking, financial services and insurance, reports the Business Standard. The senior vice president of the manufacturing and automotives division resigned earlier, citing personal reasons.

 

Reuters reports that the board might ask more senior executives to leave in an effort to look like a lean organization as it looks for a buyer. A member of the board told The Hindu there might be word on that front by the end of the month.



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