Cognizant Results

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Cognizant tops Q2 revenue growth estimates, lifts full year growth guidance to 4-6%

The company saw its headcount increase by 7,500 sequentially, ending with 343,800 employees in Q2
Cognizant to cut down 3,500 jobs amid fears of a slump in revenue this year

Cognizant will also give up 11 million sq feet in office space, or 80,000 seats, in large cities in India to help cut costs and boost margins, which are trending in the 15 percent range
Cognizant CEO to focus on winning large deals as Q4 net profit sinks 9.5%

Large deals, the CEO said, are top priority “given how essential they are to building commercial momentum and enhancing our station as a provider of business outcomes aligned by industry.”
Volatile mkt will push FY11 revenues up 33% YoY: Cognizant

Against a waning global economy, IT major Cognizant has been brave and has perked up year-end revenue guidance to USD 6.11 billion from the previous USD 6.06 billion. Francisco D'Souza, president and chief executive officer of the company joins CNBC-TV18 to substantiate the numbers. Check out what he says.

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Cognizant Results

Cognizant tops Q2 revenue growth estimates, lifts full year growth guidance to 4-6%

Cognizant to cut down 3,500 jobs amid fears of a slump in revenue this year

Cognizant CEO to focus on winning large deals as Q4 net profit sinks 9.5%

Volatile mkt will push FY11 revenues up 33% YoY: Cognizant