Fate of thousands of engineering degree holders now hang in balance as a result. Some of them have been waiting since completion of their engineering degree course in May 2008. “I have received no official information.  They just intimated that we will join the company by March 2009”, said Narayan Dutt Pandey, a student of Hooghly Academy of Technology who is waiting to join the company.

Not only Pandey but another 55 students who were recruited in the same process by the company from West Bengal face the same fate now.  Despite being selected since March 2007, they are yet to be absorbed by the company.  The worst part of it is that these 55 students constitute only a very small fraction of over one thousand recruits from West Bengal alone.

Incidentally, Satyam has been one of the largest recruiters besides TCS, Infosys and Wipro in the State that produces around 18,000 engineering graduates annually from the 60 engineering colleges in the State.
Saikat Basu, the placement officer for the West Bengal University of Technology or WBUT says that Satyam was the largest recruiter for the state engineering students.

“Last year, they recruited nearly 300 students in the IT sector alone,” said Basu. Other students come from divergent sectors.

The students recruited will have a tough time finding jobs say Sekhar Chowdhury, the placement officer of MCKV Institute of Engineering.  “Colleges are helpless in such cases”, he says.  Once again, Satyam was the largest recruiter for this college.

“If IITs and IIMs cannot do anything when Lehman Brothers went bankrupt, the students have to put up through these difficult times too. Thousands of our students will face the slowdown crisis, where jobs are not coming easily,” said Diptesh Chakraborty, supreme council member of the West Bengal Government Engineering and Technological Colleges Teachers Association.

“Moreover, engineering colleges and the WBUT make sure they are not caught in a situation where they are without jobs,” Chakraborty added.

Despite such bleak scenario, placement officials as well as faculties all over feel that a wrong doing organization has no moral rights to carry on recruitment processes in college campuses.