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Cognizant Fit For Growth plan , mid, senior-level employees laid off In October , the ...
Times Internet ropes in ex- Cognizant Officer Smriti Ahuja as Chief People Officer Times Internetnb...
Cognizant starts promotions this week for associates According to a moneycontrol report, Cognizant w...
Cognizant has acquired 08 digital firms to grow business in 2020 US-based IT services major Cognizant Technology Solutions is betting on acquisitions as a strategy to build its digital business, as already announced earlier. According to the media reports, the company has successfully done eight digital-based acquisitions till now this year, and all of these acquisitions […]
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 […]
Former Cognizant CEO D’Souza setting up $1bn PE fund Former Cognizant CEO Francisco D’Souza has started a new innings. Together with others, D’Souza is setting up a $1 billion US-based private equity fund called Recognize. He is said to have already raised a couple of hundred million dollars. The rest of the fund-raising is underway. […]
Cognizant to acquire AWS, Microsoft IoT Partner Bright Wolf Cognizant, today announced it has agreed to acquire Bright Wolf, a privately-held technology services provider specializing in custom Industrial Internet of Things (IIoT) solutions for Fortune 1000 companies. Bright Wolf is certified by all major cloud providers and acknowledged as an expert in IoT. The company is […]
Wipro will promote ‘high performers’ up to band B3 in Dec 2020, which form about 80% of its workforce Wipro Ltd will promote its high-performing employees in December, rewarding them for ensuring business continuity during the pandemic. Wipro spokesperson said, “Our employees showed remarkable resolve and resilience in ensuring seamless business continuity and maintaining high standards […]
Accenture is Offering 7 Months Salary as Severance Payout amid Corona Layoff Many companies have trimmed their headcounts by laying-off their employees in sectors during the corona pandemic period. Accenture too had laid-off their employees; however, this company is offering a 7-month severance package to its employees. Earlier in the month of August, according to […]
Larsen & Toubro hires dozens of ex-Cognizant executives Larsen & Toubro (L&T) has employed just about a dozen senior executives from Cognizant after the latter had a management shakeup to reinvigorate the organization. The main hires apply the final 12 months’ acquisition of Mindtree, indicating that the $21 billion engineering conglomerate has giant plans to scale its […]
Cognizant to acquire Chicago-based cloud specialist firm 10th Magnitude Cognizant announced that it has entered into an agreement to acquire Chicago-based 10th Magnitude, a leading cloud specialist focused exclusively on the Microsoft Azure cloud computing platform. The acquisition will expand the Microsoft Azure expertise within Cognizant’s new Microsoft Business Group, adding development and managed services hubs in major cities […]
Cognizant to acquire Tin Roof Software to expand digital engineering services Cognizant has entered into an agreement to acquire Tin Roof Software, privately-held custom software, and digital product development services company headquartered in Atlanta, Georgia. Tin Roof specializes in innovative digital products that allow companies to improve customer experiences and increase revenue. The acquisition will expand Cognizant’s software […]
Cognizant and Grundfos jointly investing Rs. 4.4 cr to restore Sembakkam Lake in Chennai Cognizant, one of the world’s leading professional services companies, and Grundfos, a global leader in advanced pump solutions and a trendsetter in water technology, today announced funding support for the restoration of the Sembakkam Lake in Chennai. Cognizant will contribute more than […]
Cognizant to resume a single promotion cycle from October 1 for all levels Teaneck headquartered IT Major, Cognizant which has two promotions cycles – March and October, has confirmed to resume a single promotion cycle from October 1 for all levels. According to the Moneycontrol report, Becky Schmitt, Chief People Officer of Cognizant, said in […]
Cognizant Technology Solutions has made 5 digital-based acquisitions till now this year US-based IT services major Cognizant Technology Solutions is betting on M&A as a strategy to build its digital business, as already announced earlier in May, 2020. According to the Mint report, the company has successfully done five digital-based acquisitions till now this year, […]