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Cognizant braces for slow year ahead, to cut 3,500 jobs and slash office spaces
$NIFTYIT.NSE Cmp- 27836Nifty IT index made Dragonfly doji on weekly chart, RSI divergence on chart,…
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…
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 …
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…
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 …
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 …
Cognizant begins ‘voluntary separation’ program for senior staff: Report
The packages are intended to save annual costs and help the company increase revenue. Under…
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…
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…
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…
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…
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…
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…
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
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…
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
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
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…
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
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…