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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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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…

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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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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   


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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…

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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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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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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'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…

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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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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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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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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…

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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…

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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…

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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…

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After Bengaluru, Pune techies have termed layoffs as ‘illegal’

In an emailed statement, Tech Mahindra said: "We continue to implement strategies to meet t…

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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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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,…

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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…