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Cognizant plans to have more women in leadership roles Brian Humphries Brain Humphries, CEO of IT M...
Cognizant, XPRIZE launch Pandemic Response Challenge As COVID- rates continue to surge in countrie...
Cognizant restructures leadership team to focus on growth The American IT multinational, Cognizant T...
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 […]
Times Internet ropes in ex- Cognizant Officer Smriti Ahuja as Chief People Officer Times Internet Ltd (TIL), the digital venture of The Times of India Group, has appointed Smriti Ahuja as Chief People Officer, effective from 2nd November 2020. In her new role, Smriti will be responsible for building and maintaining a high-performance culture that is inclusive, people-friendly, and […]
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 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 Completes Acquisition of Bright Wolf Accelerating Growth in Industrial IoT Services Cognizant has completed the previously announced acquisition of Bright Wolf, a privately-held technology services provider specializing in custom Industrial Internet of Things (IIoT) solutions for Fortune 1000 companies. A strategic systems integration and technology partner for industrial enterprises, Bright Wolf will enrich Cognizant’s […]
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 […]
Former employee sues Cognizant for alleged sexual harassment: ET Report According to an ET Report, a former female employee of Cognizant has filed a lawsuit seeking trial against the company in a US district court, naming two executives for alleged sexual harassment and discrimination for reporting of said harassment. The plaintiff, a former employee, a […]
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 […]
At least 150 to 200K IT/ITeS employees are likely to lose their jobs over the next few quarters due to Covid-19 At least 150,000 to 200,000 IT/ITeS employees are likely to lose their jobs over the next few quarters due to Covid-19, Business Standard reports. The Indian IT and BPM sector employs around 4.4 million people, directly […]
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 […]