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Cognizant, an American multinational technology company that provides business consulting, informati...
The US-based information technology IT consulting company Cognizant, one of the worlds leading pr...
Rajesh succeedsnbspMalcolm Frank, Executive Vice President and President, Digital Business amp T...
Cognizant India starts vaccination drive for 6.5 lakh employees, families IT major, Cognizant India has announced a nationwide vaccination drive for more than 650,000 associates, their families, and support teams. Additionally, the company is also delivering 1,000 oxygenated beds, ventilators, and vaccinations through $8.5 million (about Rs 60 crore) in Covid relief for the worst-hit […]
Cognizant to cover COVID Vaccine cost of over 6 lakh people in India After Accenture, TCS, Infosys, Capgemini, and Mindtree, US-based IT major Cognizant has announced today to vaccinate 6 lakh people in India including over 2 lakh employees and their dependents in the country. Rajesh Nambiar, Chairman, and Managing Director, Cognizant India said that […]
Cognizant rolls out bonus, promotions, and wage hikes for employees According to media reports, Cognizant the US-based IT company is declaring to roll-out salary hikes for 1.6 lakh employees and promoted 24,000 employees globally. The move aimed at curtailing staff attrition, which had seen 3,000 leaving the company in 2020. Rajesh Nambiar, Chairman & Managing […]
Cognizant reports highest ‘Attrition Rate’ among top IT leaders: Q4 results IT Major, Cognizant reports the highest attrition rate in December ending quarter (Q4), and the company has put up a $30 million budget to improve its employee retention. This budget will be used as a retention fund and, used to retain high performers and […]
Cognizant hosts an eight-week long ‘Health Challenge’ in midst of WFH Cognizant recently hosted the 2020 edition of the Cognizant Health Challenge, the company’s annual fitness initiative for its employees and their families. As the company’s employees continue to work from home, the eight-week challenge organized in partnership with HealthifyMe, India’s largest wellness app, was […]
Cognizant India is on track to bring in more new hires than ever before Cognizant has stepped up its hiring efforts for both freshers and lateral hires in the country and expects the number of new recruits in the March quarter to be “more than ever before”, Cognizant India Chairman and Managing Director Rajesh Nambiar […]
Cognizant to follow the nine-hour workday model and new leave policy from tomorrow, February 15 Cognizant Technology Solutions is officially moving to the 9-hour workday for the India-based workforce from its current 8-hour working hours. IT companies determine the Utilization Rate by Total Billable Hours divided by Total Available Hours. A 9-hour workday model would essentially […]
Cognizant to hire 23,000 freshers from campuses in India Cognizant Technology Solutions expects to hire around 23,000 people from campuses in 2021, Chairman and Managing Director (CMD) Rajesh Nambiar said. Currently, Cognizant India has more than 2,00,000 employees. The company hired more than 17,000 people through campus placement drives last year. This year, the prospect […]
Cognizant to Acquire Magenic Technologies Cognizant has entered into an agreement to acquire Magenic Technologies, Inc., a privately-held custom software development services company headquartered in Minneapolis, Minnesota. The acquisition will expand Cognizant’s software product engineering footprint, adding 475 employees in the U.S. across seven locations and more than 350 employees in Manila, Philippines. Upon completion of the acquisition, Magenic […]
Cognizant 2020 Fit For Growth plan: 7,000 mid, senior-level employees laid off In October 2019, the Teaneck-based IT services firm Cognizant had announced the “2020 Fit for Growth” plan. As a part of the plan, it would lay off 12,000 mid to senior level employees, of which 5,000 will be reskilled and redeployed. The rest […]
Cognizant starts promotions this week for associates According to a moneycontrol report, Cognizant will start rolling out promotions for employees this week effective October 1, 2020. The promotions announced are for employees up to the associate level. Promotions for senior employees will be announced in January-March 2021 quarter, the company said in an email to […]
Cognizant announces hikes & promotions to its employees Cognizant, one of the world’s leading professional services companies has said that it has begun targeted merit-based salary increments and promotions from October 1, 2020. The hikes and promotions model is based on skills, relative contribution, and qualities needed to lead transformation and future growth. The company […]
