That news is from an unconfirmed email, a friend who works for Satyam check his emails yesterday. Salary for January 09' has already been cleared, but following months unknown.
I have a copy with me 'Satyam Induction Program', given to new Satyam hires.

On page 5"

Satyam Vision:
"To leverage information, knowledge and technology to enhance human endeavor "

Satyam Concept:
The meaning of 'Satyam'

Satyam, in Sanskrit, means truth. Satyam as an organization belives in being truth to all its stakeholders.



.....is to be one of the world's five most valuable integrated IT services and BPO companies"
I hate to say this...but 'kalau dah keling, keling jugak'.

I don't see how the company formerly known as "Truth" can afford to layoff 15K staff without filing for bankruptcy. Seeing that they don't even have the money to pay the employee's salary for 2 months, how are they able to pay for the severance package? Maybe a gov bailout? Not likely.

I guess that would probably come from breaking up the company into pieces and doing a firesale of those separate parts. They are also in a good position now to be acquired but probably be cherry picked for the best parts. I doubt anyone would want to buy this company as a whole now and assume all its liabilities. I think their auditor, Pricewaterhouse Coopers should be held accountable for certifying the fraudulent figures. Think Arthur Anderson/Enron but on a smaller scale.