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07 Nov 2022
Cognizant closes Q3 with $4.9 billion revenue
Cognizant closed the 3rd quarter with a 2.4% revenue growth. The company follows the calendar year as its accounting year. Cognizant will add 400 employees to its fold.
Infosys salary hike
20 Oct 2022
Infosys gives a salary hike upto 25% to its several top performing employees
Infosys confirms a salary hike up to 25% to some of its top performing employees. Earlier, Infosys had reported a jump of consolidated net profit of 11.1% in Q2 result. Other major Indian IT company Cognizant hikes annual compensation for its staff.
Work from home
22 Feb 2022
IT biggies TCS, Infosys, Wipro, Cognizant to ask employees to work from office
Work from Home ending for employees. Flexibility of schedules for TCS employees. Infosys plans to follow a hybrid work model.
05 Jan 2022
Cognizant Recruitment: IT firm is hiring fresh BCA, BSc graduates
Candidates who passed out in 2020 and 2021 are eligible for applying to the post. Cognizant is reportedly offering a starting package of Rs 2.5 lakh to candidates. Candidates shouldn't have any standing arrears in their current education.
20 Apr 2020
Maze ransomware attacks IT services company Cognizant
"Our internal security teams, supplemented by leading cyber defense firms, are actively taking steps to contain this incident. Cognizant has also engaged with the appropriate law enforcement authorities," Cognizant said.
31 Oct 2019
Facebook contractor Cognizant to cut 13,000 jobs, exit content moderation
The information technology services provider will also eliminate up to 7,000 jobs in its other units to invest in growth areas such as cloud and internet of things to cushion the impact from a decline in spending by its financial customers.
02 Aug 2019
Mindtree names former Cognizant executive Debashis Chatterjee as CEO
Mindtree has appointed named SN Subrahmanyan, CEO of Larsen & Toubro Ltd (L&T), as its non-executive vice chairman.
26 Jun 2019
Madras HC dismisses Cognizant's plea challenging Rs 2,912 cr tax
Justice K Kalyanasundaram granted liberty to the petitioner to raise all the issues before the Dispute Resolution Panel (DRP) within two weeks.
Cognizant Q3 result
01 Nov 2017
Cognizant Q3 net up 11%, eyes 9.5-10% rev growth in 2017
Cognizant has also revised its revenue growth outlook for the full year to 9.5-10 per cent (USD 14.78-14.84 billion) compared to a previous forecast of 9-10 per cent growth.
21 Aug 2017
Uber India appoints Vishpala Reddy as Chief People's Officer
With over 17 years of experience, Reddy will also focus on enhancing diversity and inclusion by developing programmes to foster an equal opportunity workplace at Uber as part of her role.
18 Aug 2017
Cognizant emerges as top recruiter across 26 of India’s top B-schools in 2017
Cognizant went past ICICI Bank and Deloitte to emerge as the top recruiter across 26 of India’s top B-schools.
29 Jun 2017
Cognizant delays salary hikes, promotions by 3 months
US-based IT firm Cognizant has delayed salary hikes and promotions for employees till October amid an uncertain business environment.
02 Jun 2017
Reports of job losses overstated, to hire 20K this year: Infosys
IT services major Infosys on Friday said it will hire 20,000 people this year as against only 400 people being asked to leave on performance grounds and termed reports of large-scale job losses as "overstated".
27 May 2017
Cognizant layoff plea closed in favour of sacked staff: Govt
The Cognizant layoff case has been closed in favour of employees and the company has been asked to hold talks one-on-one to resolve the issue.
25 May 2017
Employee separation offer 1st time in India, US: Cognizant
Under fire for its 'employee separation package', IT firm Cognizant has said the company has offered it in India and the US for the first time, unlike its peers who keep taking such steps regularly.
17 May 2017
FITE against Cognizant layoffs shifts to Bengaluru
After Chennai and Hyderabad, IT workers' union FITE has now decided to approach the labour commission in Bengaluru to submit a petition to stop the alleged "illegal terminations" happening at Cognizant.
15 May 2017
Layoffs in Indian IT may continue for 1-2 years: Experts
As digitisation and automation become the new normal, IT biggies like Infosys, Cognizant and Tech Mahindra are seeing a spate of layoffs and this trend may continue for the next 1-2 years, say experts.
12 May 2017
No mass layoffs; workforce realignment happens every year: Nasscom
Stating that the reports of mass layoffs were incorrect, it said workforce realignment, linked to performance appraisal processes, is a regular feature every year.
05 May 2017
Cognizant Q1 Net up 26%, steps up hiring in US
IT major Cognizant reported a 26 percent rise in March quarter profits to USD 557 million, helped by growth in financial services and maintained that it will grow between 8-10 percent in calendar year 2017.
voluntary separation incentive
04 May 2017
Cognizant offers top executives 6-9 months' pay for voluntary exit
IT services firm Cognizant is extending a "voluntary separation incentive", offering up to nine months of salary, to some of its top-level executives.
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