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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…
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…
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…
6 mins read
I live on a boat to help me pay off my $80,000 student-loan debt. Living this way has expenses, but I think there's a financial upside.
Cody Plante regrets his graduate school loans and said now he may die with some debt if he doesn't …
Jen Glantz
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
Benching, firing and re-deploying — the story of 20,000 employees at tech majors
Technology giants — Capgemini, Infosys and Cognizant — are aggressively cutting jobs across levels …
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…
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
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…
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…
4 mins read
The depth of India's power crisis
At least six states of India are currently facing power cuts, while Maharashtra, Delhi and Kerala a…
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
India’s telecom giant Reliance Jio cuts contractual staff
Commenting on the move, the company reportedly said that Jio continues to be a net recruiter a…
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
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…
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…
2 mins read
After GoAir and SpiceJet, IndiGo cuts salaries for employees — CEO says there was ‘no other option’
Airlines have been the worst-hit by the Coronavirus pandemic as both domestic and international tra…
3 mins read
Auto insurers are using the Internet of Things to monitor drivers and cut costs
The most prevalent way of monitoring driving habits is by using On Board Diagnostic (OBD-II) dongle…
John Greenough
1 min read
IT professionals take to social media to voice their displeasure
Annoyance over low pay, disappearing perks and uncertain future has forced Indian techies to vent…
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…