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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…
4 mins read
First job as contract employment? From termination to limited benefits, things to be cognizant of
While permanent employment is still a thing, many companies have gone the way of hiring employees o…
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…
3 mins read
More layoffs may still come for tech workers
In this edition, we look at why layoffs are still in the offing for tech workers, Twitter becoming …
Emilia David
3 mins read
Cognizant is reportedly planning to sack 400 in senior management — severance pay reduced to three months
This includes directors, vice presidents, senior directors, associate vice president and other m…
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…
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…
2 mins read
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 …
2 mins read
Cognizant's first acquisition under new CEO Brian Humphries is an Irish company that helps in manufacturing of drugs and medical devices
Cognizant has announced its first acquisition under the leadership of the new Chief Executive Offic…
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
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…
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 …
1 min read
This is what Cognizant President Rajeev Mehta wrote to the staff after massive layoff concerns gripped employees
'Cognizant has not done any layoffs. Each year, in line with industry best practices, we conduct…
1 min read
No salary hikes or promotions for three months, says Cognizant
It’s only been a few weeks that Cognizant came under the radar when a number of its emplo…
1 min read
Narayana Murthy is ‘sad’ over recent layoffs in the IT industry
"...It is sad...," Murthy told PTI, refusing to elaborate on the matter. Recently, Infosys ha…
2 mins read
400 senior executives at Cognizant accept company's voluntary separation package
In May, the company had initiated a voluntary separation programme, offering up to nine months…
1 min read
After Bengaluru, Pune techies have termed layoffs as ‘illegal’
In an emailed statement, Tech Mahindra said: "We continue to implement strategies to meet t…
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…
1 min read
Tech Mahindra may also lay-off hundreds of employees. Here’s why
"We have a process of weeding out bottom performers every year and this year is no different,…
2 mins read
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…