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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…
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 …
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…
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…
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…
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…
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…
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…
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
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
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
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
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
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…
Cognizant shuffles senior management, appoints new COO
As per Senior Cognizant sources, this shuffle had nothing to do with the financial performance stat…
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…
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…
After Bengaluru, Pune techies have termed layoffs as ‘illegal’
In an emailed statement, Tech Mahindra said: "We continue to implement strategies to meet t…
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…