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Sapient lays off 300 staff

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BS Reporter New Delhi
Last Updated : Jan 25 2013 | 2:49 AM IST

Software major Sapient has laid off 300 employees at its offices in Bangalore, Noida and Gurgaon.

A Sapient spokesperson confirmed the development and said this is part of the company’s plan to reduce 8 per cent of its headcount globally. The spokesperson said all employees have been given full severance package and outplacempt services.

Armed guards were deployed around the office on Friday and Saturday and employees were not allowed to enter the premises in Gurgaon.

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