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Jan 07, 2021 11:13 PM IST The new service line is a result of merging the two of its existing service lines Digital Business and Digital Systems and Technology, the company said.
Dec 09, 2020 03:33 PM IST Rajesh Nambiar also spoke about the demand environment, stating that industry is at an "inflection point" in digital adoption.
Nov 24, 2020 04:45 PM IST While the US government wants to build on the Affordable Care Act, or Obamacare, it will have to roll back some of the changes brought about by the Trump administration that weakened it. Of course, if the Biden administration builds on the ACA, the healthcare segment of IT companies will benefit, says an expert.
Nov 10, 2020 10:24 PM IST The promotions announced are for employees up to associate level, effective October 1. Promotions to senior associate level and above will be announced in January-March 2021 quarter, effective January 1 2021.
Nov 01, 2020 10:09 AM IST As a part of the plan, Cognizant said it would lay off close to 7,000 employees, who would leave the firm by mid-2020.
Oct 29, 2020 05:20 PM IST Healthcare accounts for about 30 percent of the overall revenue of Cognizant.
Oct 28, 2020 08:06 AM IST In an email to employees, Cognizant said, based in India, Rajesh Nambiar will serve as the executive committee representative of nearly 2 lakh associates in the country.
Aug 19, 2020 01:27 PM IST The segment accounts for over 25 percent of the company’s overall revenue. Analysts say there is no need to panic as tech spending has restarted, and a company of Coginzan’t size will be able to bounce back
Aug 11, 2020 09:46 PM IST Cognizant, which had two promotions cycles - March and October, has decided to streamline it into a single cycle for all levels to drive efficiency
Jul 30, 2020 05:55 PM IST The US-based company, which posted a net income of $509 million in June 2019 quarter said it expects its FY2020 revenue to be in the range of $16.4-16.7 billion.
Jul 30, 2020 11:01 AM IST The company's headcount falls to 2,81,200 employees, a 35 percent drop compared to the March quarter. Chief Financial Officer Karen McLoughlin steps down.
Jul 10, 2020 08:52 PM IST The company had seen at least half a dozen top level exits and termination of thousands of mid and senior employees since Brian Humphries took over
Jul 09, 2020 06:15 PM IST Cognizant’s current global delivery head Pradeep Shilige has quit after 24 years. He is being replaced by Accenture veteran Andy Stafford.
Jul 03, 2020 04:09 PM IST According to KITU, several employees at Cognizant's offices in Bengaluru, Chennai and other cities had approached the union with complaints of having been forced to resign.
Jun 24, 2020 04:22 PM IST A company spokesperson says it is a performance management measure, which is a process across all companies in the IT industry.
Jun 19, 2020 06:27 PM IST The company has offered complimentary credit card monitoring, dark web monitoring, and restoration services for its employees.
May 28, 2020 10:04 AM IST The severance package has been reduced from 20 weeks' salary to three months' pay plus one-week pay for every year of service completed.
May 21, 2020 12:12 PM IST There is hardly any room for error and the consequences are terrifying.
May 14, 2020 07:13 AM IST After Cognizant, Infosys too has deferred on-boarding of freshers due to COVID-19. More companies are likely to follow.
May 08, 2020 09:20 AM IST The US-headquartered company, which has about 2 lakh employees based in India, had previously withdrawn its FY20 guidance amid uncertainties on account of COVID-19 pandemic.
Apr 19, 2020 08:56 AM IST The information technology services provider said it was taking steps to contain the incident, with the help of cyber defense companies, and has also engaged with law enforcement authorities.
Apr 09, 2020 06:48 PM IST It is the second IT services firm to withdraw full-year guidance after Accenture.
Mar 27, 2020 01:46 PM IST This will be paid to employees up to Associate level
Mar 24, 2020 08:35 AM IST "Lev helps businesses simplify and modernise their marketing campaigns using Salesforce Marketing Cloud to provide data-driven insight and personalization across the customer journey, and ultimately drive revenue," Cognizant said in a statement.
Mar 16, 2020 01:39 PM IST The complainants have also sought compensatory damages and a medical monitoring fund for the affected employees
