The situation is starting to look really grim as a guy of the 2008 batch shared his worries here. True to the essence, besides the freshers of the 2009 batch like many of my friends who are skeptical about their joining this once one of the most reputed companies, some people of 2008 batch also shared their worries as they'll be ceasing to call themselves as freshers as soon as the next batch passes out. Looking towards uncertainty, many of my friends are unsure when to get their joining dates and are constantly on the look out of other options available. But the surplus work force that increased fears of job cuts has been put to rest.
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According to mid-day.com, the following report provides a crystal clear view of the present scenario.
6,000 engineering students offered jobs by the disgraced computer giant have nowhere to go now. With the revelation of the country's biggest corporate fraud, Satyam has not only put the jobs of its 53,000 employees in jeopardy, but also spelled doom for nearly 6,000 engineering students. In 2007, Satyam had issued offer letters to nearly 6,000 students on campuses across the country with lucrative salary packages. With the recent series of events, all those dreams and aspirations have come crashing. 'There are no options for us...' Suresh N, a students picked on campus, is a worried man today. "I was placed in 2007, and finished my engineering in 2008. Satyam HR has been delaying the joining date. When I went to Hyderabad to meet the HR, they did not let us enter," he said. The sole breadwinner of the family, Suresh said, "I took a loan of Rs 2.5 lakh for my engineering course. My father passed away and I have to look after my mother. I was happy that Satyam offered me a Rs-3-lakh-per-annum package. Now when I went job hunting, I was offered jobs paying just Rs 3,000-4,000 per month". "Every one is talking about the 53,000 employees of Satyam. But no one is thinking about us. Now, with recession, there are no jobs available," said Sahil Khan, from Shimoga, Karnataka. The affected students are asking the new board members to consider their plight. Not only have the students lost out on lucrative jobs, but also the opportunity to go for higher studies.