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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…

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Software firm Magenic is the third acquisition of Cognizant in January this year

Information technology company Cognizant on Tuesday announced to acquire Magenic Technologies, a cu…

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Forget appraisal! Cognizant might fire more than 6,000 employees this year

Usually, Cognizant fires almost 2-3% under-performers from its 265000-strong workforce in a year. "…

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Cognizant’s robotic automation raises man versus robots debate

The Healthcare Process Automation (HPA) platform of TriZetto is now Cognizant's most versatile auto…

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Cognizant's acquisition of Servian marks its 10th take over in the last one year

Information technology company Cognizant on Monday announced to acquire Servian, an Australia-based…

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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…

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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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Infosys might soon replace Cognizant to become the industry leader

If that happens, Infosys will become the fastest growing IT services company in the world, ahead of…

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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   


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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 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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Cognizant to acquire US-based Trizetto for about $2.7 billion

"With more than $3 bn in combined healthcare revenue, Cognizant and TriZetto will serve nearly 245K…

ET   


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YouTube TV contractors allege in NLRB complaint they were terminated in response to broader union organizing efforts

Three contract workers have filed a complaint with the NLRB against Google and Cognizant. They alle…

Thomas Maxwell   


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Cognizant closes Q3 with $4.9 bn revenue, to acquire OneSource (Ld)

Nasdaq-listed Cognizant Technology Solutions (Cognizant) closed the third quarter with a 2.4 per ce…

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YouTube Music contractors won a historic union election, which means Google could have to negotiate with a labor group for the first time

Contract workers who support YouTube Music won their union election on Wednesday with all 41 ballot…

Thomas Maxwell   


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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