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Cognizant to resume a single promotion cycle from October for all levels Teaneck headquartered IT ...
MongoDB appoints, former VP HR of Unilever Harsha Jalihal as Chief People Officer NASDAQ listed, Mon...
Cognizant Technology Solutions has made digital-based acquisitions till now this year US-based IT ...
Cognizant losses 10,500 employees during the April-June quarter, as part of its strategy to reduce costs and fund investments for growth Amid COVID-19 crisis, IT major Cognizant has recently announced its results for the April-June quarter, and they revealed that the company’s headcount had reduced by 10,500 people in the quarter. While in the previous quarter […]
Cognizant to Acquire New Signature, a Leader in Cloud-Native Business Transformation Cognizant has announced that it has entered into an agreement to acquire New Signature, one of the world’s largest independent Microsoft public cloud transformation specialists. The transaction is expected to close in the third quarter of 2020, subject to regulatory clearance and other closing conditions. Financial […]
Tamil Nadu government on Wednesday relaxed a few norms for the intensified lockdown that is coming into force in Chennai from Friday. The Tamil Nadu Government has also acceded to the demand from the IT industry and allowed up to 10% of its employees to work from the office. This development will benefit large IT […]
Cognizant faces legal action from IT Union, KITU over layoffs of bench employees Karnataka State IT/ITeS Employees Union, KITU (the first registered IT union in Karnataka) said it had opened a Help Desk to support the affected employees of Cognizant and initiated the legal action after receiving complaints from dozens of technology workers who had […]
How TCS, Infosys, HCL will be impacted by H-1B Visa Hold- Report
Cognizant started laying off bench employees, the number could reach up to 18,000 employees Cognizant has started terminating its bench employees, the process is simple– move to the bench and induced resignation after 41 days. Moneycontrol also reports, the terminations are happening at the associate level, mostly mid-level employees, and above, those employees who are […]
Cognizant has agreed to pay $5.7 million compensation to former employees for underpaid overtime hours IT giant Cognizant has agreed to pay its former employees $5.7 million to compensate them for unpaid overtime hours after they reached a class-action settlement agreement. According to a report in the Times of India, Cognizant’s former employee Debi Mishra and other […]
IT Major Cognizant is seeing another churn among senior executives. Several senior vice-presidents (SVPs) and vice-presidents (VPs) have resigned recently from the company. According to the TOI report, among these are Jaideep Poondir, SVP in the banking and financial services vertical, Rajesh Balaji, SVP, and delivery head of enterprise application services practice, and Vinayambika Kidiyur, […]
According to a Mint report, Cognizant Technology Solutions Corp has deferred joining dates of all campus offers and also planning to freeze most of its lateral hirings except in sales roles. However, the company has said that it will honour all outstanding accepted offers made to students across India to the latter half of the […]
IT major Cognizant has linked the compensation of all top executives to its share performance relative to those of direct competitors and the company has also scrapped its ‘days sales outstanding’ metric, presumably in response to the Covid-19 pandemic. “Brian Humphries, CEO of Cognizant and other top executives obtain mounted parts like basic pay in […]
As the Coronavirus outbreak reaches Indian shores with at least 29 confirmed cases in the country, its effects have begun to be felt in many quarters. Companies and industries around the world are now contemplating their next move to contain the virus, safeguard employees and sustain the business. An Intel employee in Bangalore has potentially […]
Cognizant has been named a Top Employer 2020 in 15 countries worldwide by Top Employers Institute. The Institute recognizes leading organizations that continuously optimize workplace practices to develop and nurture talent while providing an outstanding work environment. In Europe, Cognizant was recognized for a sixth consecutive year, receiving certification in 10 countries: Belgium, France, Germany, Lithuania, the Netherlands, Norway, […]