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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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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 …

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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…

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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…

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2 mins read

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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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…

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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…

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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…

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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   


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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   


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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   


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3 mins read

WNS Q4 net profit dips marginally to USD 29.5 mn, suspends FY21 guidance

"Revenue is currently being pressured by declining client volumes, delays in new business ramps, an…

PTI   


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2 mins read

Hexaware Q1 net profit up 26.3 pc, suspends annual guidance amid COVID-19 pandemic

IT firms like Wipro and Infosys have also suspended their practice of offering revenue growth fore…

PTI   


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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…

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1 min read

Cognizant shuffles senior management, appoints new COO

As per Senior Cognizant sources, this shuffle had nothing to do with the financial performance stat…

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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…

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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…

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1 min read

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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6 mins read

Gen Z is fleeing Instagram. The platform has a dumb new plan to win them back.

Instagram has been letting creators earn "badges" for hitting certain milestones, but they add to t…

Emily Stewart