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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
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…
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…
1 min read
US based VC firm Backstage Capital freezes new investments; cuts workforce
The company is now down to three people from the earlier 12, managing partner and founder Arlan …
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 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
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
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…
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…
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
Capgemini India, Cognizant and others who are giving salary hikes in times of Coronavirus
A large number of Indian companies are reeling under the Corona-induced lockdown, and hence choosin…
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…
2 mins read
Layoffs hits the confidence of Indian workforce — people are scared of losing jobs and their savings
It seems like the whole world is working from home. But in spite of the lockdown only 55% of people…
2 mins read
Donald Trump is already signalling at job cuts of Indians in the USA
On immigration, Trump reiterated that he will build the wall along the Mexico border
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…
4 mins read
Amid an uncertain economy, American workers are guardedly optimistic about the job market
LinkedIn data shows that US workers feel confident and capable in their job, and two-thirds are con…
Madison Hoff,Rebecca Knight
4 mins read
America's immigration system is a nightmare, and it's forcing tech companies to move jobs outside of the country
As issues with labor shortages continue, remote work makes it easier for US tech firms to hire anyw…
Paayal Zaveri
3 mins read
How to 'layoff-proof' your job, from 6 top recruiters at Netflix, McKinsey, Walmart, and more
The podcaster AJ Eckstein has interviewed recruiters at Netflix, McKinsey, Walmart, and more. He as…
AJ Eckstein
2 mins read
Cognizant bumps up wages by 25% for associates as a ‘sign of gratitude’ during Coronavirus lockdown
While several companies have been assuring employees that there will be no impact on their salar…