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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…
1 min read
First time in 14 yrs, Cognizant posts slowest quarter due to volatile markets, slow spending
For the March quarter, Cognizant registered a net profit of $441.2 million, compared to $382.9 mill…
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 …
3 mins read
Two ways the H1-B visa freeze could change things for TCS, HCL Tech, Infosys and other Indian IT companies
H1-B visa freeze could spiral into something more serious for Indian IT companies. These are the tw…
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…
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…
2 mins read
Cognizant and Capgemini are looking to hire 35,000 fresh engineers
After massive structural rejig with layoffs and reskilling initiatives last year, two technology ma…
1 min read
Cognizant to acquire US-based digital marketing consultancy firm Lev
"In this unprecedented time of uncertainty, we remain committed to our client and partner-focused …
PTI
2 mins read
ICICI Bank’s profits jump by 26% in Q4 as NPA's decline, but the full extent of bad loans will only reflect in the coming months
ICICI Bank’s fourth-quarter core operating profits are in the green at ₹1,221.36 crore, a jump of 2…
2 mins read
Cognizant's net profits fall 39% - as its management prepares to enter 2020 with vigour and optimism
The company also appointed Vinita Bali, former managing director and chief executive officer of Bri…
PTI
2 mins read
Vishal Sikka may lower Infosys’ revenue guidance once again, warns of bigger problem areas
"I can tell you that the second quarter will be better. But we are seeing some risks that could lea…
2 mins read
Cognizant Marches Into $10 Billion Revenue Club
Cognizant, which employs more than three-fourths of its employees in India, said its growth could s…
Times Of India
1 min read
COVID-19: Cognizant withdraws 2020 growth forecast amid uncertainty on coronavirus impact
"We acted decisively to limit COVID-19's impact on our business, including rapidly enabling work-f…
PTI
2 mins read
Cognizant’s founders are making way for a new CEO — and a new approach
Cognizant’s president and co-founder, Rajeev Mehta, who was widely tipped to take over as CE…
3 mins read
Cognizant Dec qtr net profit falls 39%; Francisco D'Souza to step down from board
For the year, it incurred USD 169 million of realignment charges that include USD 64 million of emp…
PTI
1 min read
Cognizant has come up with a new way to let go employees to cut costs. Here it is
Cognizant has given an option to its D+ category employees, which includes directors and seni…
1 min read
ICRA retains PVR positive rating, sees bearing on revenue due to screen closure
"ICRA also notes that a significant part of the operating cost of the company is variable in nature…
PTI
1 min read
Cognizant Technology exceeded growth targets by 21% last year, and rewarded its top executives like they do in dreams
The last financial year resulted in the company exceeded its 2015 target with a 21% increase in rev…
1 min read
Cognizant just handed out 190% bonuses to its best employees
Happy over the performance, Cognizant announced a 190% bonus for its top executives, a 135% increas…
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…