Business | Updated Feb 15, 2009 at 08:35pm IST

Sapient lays off 500 employees in India

CNN-IBN

New Delhi: Software major Sapient has laid off 500 employees at offices in Bangalore, Noida and Gurgaon.

Sapient PR confirmed to CNN-IBN that employees have been laid off from Sapient's offices in Bangalore, Noida and Gurgaon.

No notice was given to the laid off employees.

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

A few months back the US-based IT company had laid off 160 employees. Sapient employs about 6,000 people in India.

Sources say Sapient India Managing Director Sandeep Dhar had sent an e-mail to employees a few months ago after 160 employees were laid off.

In the e-mail, Dhar had admitted that decision to lay-off employees was taken so that the company could respond better to current and future market opportunities.

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