Lakshmikanth said till Tuesday evening there were about 7,800 Satyam employees who had posted their resumes on job sites and by Wednesday afternoon, it rose to 14,000.

Satyam's interim CEO Ram Mynampati on Thursday said the company has taken care of the salary for December, but its liquidity position was not encouraging.

When contacted, IT-BPO employees union UNITES said, "We are in touch with the senior and top-level management of Satyam, all kind of rumours are doing the rounds but we still do not have any clarity on the isuue."

"It is unlikely that there will be any layoffs as the new management is trying to portray that all is well in Satyam. Moreover, this is election year, even if the company do not have money government might chip in to rescue the employees," UNITES General Secretary Karthik Shekhar said.

According to the latest Manpoer Employment Outlook Survey hiring intent in IT & ITeS sector has gone down drastically this quarter, compared to the last quarter, but the space is showing a positive hiring intent, with net employment outlook of 23 per cent for the first quarter of 2009.

"In India IT and ITeS sector has been a low-cost and high -quality player and will surely emerge big again after the crisis," Manpower India added.

Meanwhile, UNITES India, a union of ITeS professionals, has warned that over 50,000 IT professionals in India may lose their jobs over the next six months as the situation in the sector is expected to worsen due to the impact of global meltdown on the export-driven industry.