Business Standard

Sapient lays off 300 staff

Image

BS Reporter New Delhi

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.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Feb 15 2009 | 12:39 AM IST

Explore News