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on 2008/9/13 0:50:13
The IT professionals in the state are all tensed up with the threat of pink slips. Satyam group has recently handed over pink slips to 450 employees and another 4,500 are believed to be on their way out.

This constitutes about 10 percent of the total work force of Satyam.
The slowdown of the US economy and the fluid situation on account of the presidential elections in the US has also contributed to the slowdown of the IT sector.







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