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2 mins read
Cognizant reports 12.7% profit growth QoQ, but lowers revenue guidance for the year
Nasdaq-listed Cognizant’s net profit grew 12.7% sequentially to $577 million in the second quarter …
2 mins read
Accenture, Cognizant could see revenue growth but a strong US dollar could spoil the party
Accenture cut earnings per share for 2022 to $10.61-10.70, compared with its previous estimate…
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…
2 mins read
Cognizant guidance gets peer stocks like HCL Tech and Tech Mahindra buzzing
Shares of the information technology companies rose today as Cognizant reported a strong June quart…
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…
3 mins read
The Cognizant Maze ransomware saga will show its full impact for many months to come
Cognizant’s first-quarter earnings were in the green, up by 3.5% in constant currency terms, but th…
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…
3 mins read
Cognizant’s latest earnings have a silver lining for Indian IT majors TCS, Infosys and Wipro
Nasdaq-listed Cognizant’s March quarter net profit for March quarter grew 11.5% on year to $563 mil…
2 mins read
Cognizant faces the worst attrition rate in the industry, hires record number of employees to fill the gap
The Indian information technology (IT) industry is reeling with a very high number of employees lea…
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…
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…
3 mins read
Cognizant expects revenue, margin impact of ransomware attack to be USD 50-70 mn in Q2
"Billing was therefore impacted for a period of time, yet the cost of staffing these projects rema…
PTI
2 mins read
Cognizant CEO Brian Humphries warns of a tough 2020— plans to hire 20,000 freshers this year
IT major Cognizant has reported a 16.7% drop in its March quarter net income at $367 million, and s…
2 mins read
Cognizant net profit falls 39 pc to USD 395 mn in Oct-Dec, expects 2-4 pc revenue growth in 2020
For the year, it incurred USD 169 million in realignment charges that include USD 64 million of em…
PTI
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…
4 mins read
Cognizant's ransomware attack is making peers like TCS and Infosys nervous — and they are beefing up security
Even though cybercriminals seem to have become more active during the coronavirus lockdown, work…
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…
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…