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4 mins read

Cognizant braces for slow year ahead, to cut 3,500 jobs and slash office spaces

The trend of weak quarterly numbers continued for IT services companies and the latest one to disap…

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3 mins read

Layoffs coming to the Indian IT sector? Analysts say Accenture’s jobs cuts offers a ‘blueprint’

In spite of the many startups laying off employees since last year, the Indian IT sector has so far…

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2 mins read

7,000 Cognizant jobs are on the line as the tech major rejigs workforce

American technology multinational Cognizant is expected to lay off hundreds of employees to cut cos…

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1 min read

US based VC firm Backstage Capital freezes new investments; cuts workforce

The company is now down to three people from the earlier 12, managing partner and founder Arlan …

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Benching, firing and re-deploying — the story of 20,000 employees at tech majors

Technology giants — Capgemini, Infosys and Cognizant — are aggressively cutting jobs across levels …

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Cognizant may layoff hundreds of employees sitting on the bench

The IT major is also trying to boost its revenue by making other changes like tightening travel …

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2 mins read

Cognizant begins ‘voluntary separation’ program for senior staff: Report

The packages are intended to save annual costs and help the company increase revenue. Under…

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3 mins read

Cognizant is taking inspiration from TCS in trying to tame costs

But, that is not all. Addressing the Bernstein conference last week, Cognizant’s CFO Karen McLou…

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1 min read

Cognizant hints at more job cuts while outgoing execs may take $25 million

Cognizant just reported its first quarter earnings of 2019, announcing a major ‘realignment program…

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2 mins read

Cognizant to hire 20,000 ‘digitally ready’ freshers — with higher starting salaries of ₹4 lakh per annum

After a massive structural rejig with layoffs and cut costs last year, American IT multinational Co…

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1 min read

Cognizant will hire 500 sales staff and looks to poach ‘disillusioned’ IBM employees

Technology major Cognizant is hiring 500 sales professionals who are skilled in digital technologie…

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Capgemini India, Cognizant and others who are giving salary hikes in times of Coronavirus

A large number of Indian companies are reeling under the Corona-induced lockdown, and hence choosin…

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2 mins read

After GoAir and SpiceJet, IndiGo cuts salaries for employees ⁠— CEO says there was ‘no other option’

Airlines have been the worst-hit by the Coronavirus pandemic as both domestic and international tra…

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2 mins read

Layoffs hits the confidence of Indian workforce — people are scared of losing jobs and their savings

It seems like the whole world is working from home. But in spite of the lockdown only 55% of people…

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Donald Trump is already signalling at job cuts of Indians in the USA

On immigration, Trump reiterated that he will build the wall along the Mexico border

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Worsening situation? Infosys, Wipro to cut jobs; middle-level employees to be worst hit

As per reports, Infosys may ask around 1,000 employees in job level 6, which comprises grou…

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4 mins read

Amid an uncertain economy, American workers are guardedly optimistic about the job market

LinkedIn data shows that US workers feel confident and capable in their job, and two-thirds are con…

Madison Hoff,Rebecca Knight   


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4 mins read

America's immigration system is a nightmare, and it's forcing tech companies to move jobs outside of the country

As issues with labor shortages continue, remote work makes it easier for US tech firms to hire anyw…

Paayal Zaveri   


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3 mins read

How to 'layoff-proof' your job, from 6 top recruiters at Netflix, McKinsey, Walmart, and more

The podcaster AJ Eckstein has interviewed recruiters at Netflix, McKinsey, Walmart, and more. He as…

AJ Eckstein   


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2 mins read

Cognizant bumps up wages by 25% for associates as a ‘sign of gratitude’ during Coronavirus lockdown

While several companies have been assuring employees that there will be no impact on their salar…