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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…
2 mins read
Cognizant's net profits fall 39% - as its management prepares to enter 2020 with vigour and optimism
The company also appointed Vinita Bali, former managing director and chief executive officer of Bri…
PTI
2 mins read
400 senior executives at Cognizant accept company's voluntary separation package
In May, the company had initiated a voluntary separation programme, offering up to nine months…
1 min read
Cognizant’s internal enquiry reveals improper payments of $6 million in India operations
The company launched the investigation in September 2016. "We have continued to aggressively implem…
3 mins read
The Cognizant Maze ransomware saga will show its full impact for many months to come
Cognizant’s first-quarter earnings were in the green, up by 3.5% in constant currency terms, but th…
5 mins read
Russia sanctions almost 300 British MPs in retaliatory move, but its list includes several errors
Russia has banned hundreds of British MPs from entering its country, saying they were "whipping up …
Catherine Neilan
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
2 mins read
Learn or leave — tech majors are either reskilling employees or slashing jobs
Amidst the prevailing economic downturn, job losses and reassignments have become common. But a few…
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
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…
2 mins read
Cognizant's first acquisition under new CEO Brian Humphries is an Irish company that helps in manufacturing of drugs and medical devices
Cognizant has announced its first acquisition under the leadership of the new Chief Executive Offic…
2 mins read
Cognizant net profit falls 39 pc to USD 395 mn in Oct-Dec, expects 2-4 pc revenue growth in 2020
For the year, it incurred USD 169 million in realignment charges that include USD 64 million of em…
PTI
3 mins read
Cognizant Dec qtr net profit falls 39%; Francisco D'Souza to step down from board
For the year, it incurred USD 169 million of realignment charges that include USD 64 million of emp…
PTI
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…