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The US-headquartered company, which has about 2 lakh employees based in India, had previously withdrawn its FY20 guidance amid uncertainties on account of COVID-19 pandemic.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
- Feb 07, 2020 03:30 PM IST
Located in the heart of the city, the new 100,000 sq- ft facility can accommodate more than 1,100 employees, the NASDAQ-listed company said in a statement.
- Feb 06, 2020 08:42 PM IST
Its revenue grew 3.8 per cent to $4.3 billion during the quarter under review from $4.1 billion in the year-ago period. In constant currency terms, this translated to 4.2 per cent growth.
- Feb 06, 2020 10:05 AM IST
The company also appointed Vinita Bali, former managing director and chief executive officer of Britannia Industries, as a new independent director, effective February 24, 2020.
- Feb 04, 2020 10:04 AM IST
Founded in 2016, Atlanta-based Zero Consulting is a privately-held provider of consulting and implementation services for cloud-based configure-price-quote (CPQ) and billing solutions.
- Dec 23, 2019 08:12 PM IST
The move is a part of the recent restructuring effort undertaken by the company's Chief Executive Officer Brian Humphries.
- Nov 07, 2019 09:40 PM IST
Cognizant India Chairman and MD added that the company has already made about 15,000 offers in more than 80 engineering institutes across the country.
- Nov 06, 2019 05:21 PM IST
The reports adds that the employees that were let go off were the ones who had been unable to find billable projects after the stipulated period.
- Nov 01, 2019 05:59 PM IST
Moneycontrol's Jerome Anthony talks to Corporate Bureau Chief Prince Thomas about what transpired in the sector this week.
- Nov 01, 2019 08:40 AM IST
Cognizant in its earnings call said that the company is looking at a net reduction of 7,000 employees at the mid-to-senior level to pare down cost
- Oct 31, 2019 08:35 AM IST
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.
- Oct 04, 2019 07:50 PM IST
After Humphries took over in April, he took drastic measures to cut down costs and focus on growth.
- Oct 01, 2019 08:38 PM IST
Nearly 38 per cent or over 75,000 of Cognizant's India headcount consists of women professionals. Of the company's total base of 2.88 lakh employee, two lakh are located in India.
- Sep 24, 2019 08:27 PM IST
The company approved 500 head count additions to tap into a growth opportunity, Brian Humphries said in an interview to CNBC-TV 18.
- Sep 21, 2019 06:22 PM IST
IT service sector is known to be very competitive in general. Known for its large campus intakes, majority of employees in this sector hold bachelor's degrees. Multnational Corporations become attractive to junior employees if they see a possibility of small hikes and an opportunity to work overseas.
- Sep 17, 2019 09:23 AM IST
Ramamoorthy has been with Cognizant for over 21 years.
- Sep 10, 2019 02:43 PM IST
Frustrated over bad leave policy and long working hours, the techies decided to drag IT giants Accenture and Cognizant to court.