Page 5 - Cognizant

Cognizant opens new 100,000 sq-ft facility for 1,100 employees in Mangaluru

In Karnataka, Cognizant also has operations in Bengaluru and Mysuru. The company has more than 28,000 professionals in Bengaluru and nearly 700 professionals in Mysuru.

Cognizant's D'Souza signs off, Bali to join as independent director

D'Souza was the last of the three Indian and Indian origin co-founders of the firm that initially started as a captive unit of Dun & Bradstreet in 1994 through a JV with Satyam Computers

All the distractions of 2019 are behind us: Cognizant's Brian Humphries

100 per cent of Cognizant's focus is now on clients, added the CEO of the IT firm

Cognizant beats estimates with 4.2% rise in revenues; profit falls 39%

Firm projected to grow 2-4% as exit from content business hits top line

Cognizant net profit falls 39% to $395 mn in Q3, expects growth at 2-4%

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

Cognizant appoints Walmart's Becky Schmitt as Chief People Officer

Currently at Sam's Club, Schmitt oversees the employee experience and career development of 100,000 associates across nearly 600 locations

Why IT giants are cutting jobs at mid, senior levels

Besides increasing their fresher's intake, IT giants are also aggressively localising their workforce in the US, from where they draw at least 65 per cent of total revenue

TN labour dept, NASSCOM and firms deliberate on 'mass layoffs' in IT sector

AIFITE and UNITE, the organisations that offer support to IT employees, in their letters urged the government to take steps against the alleged mass retrenchment by various IT companies

IT employees' forum says Cognizant has terminated one of its leader

Company cites performance issues and client feedback as reasons for the termination

IT companies look to cut jobs at mid, senior levels in coming quarters

As hiring in US rises, with resulting cost pressure, these staffers in India are at risk; advent of digital tech another reason

Cognizant to hire 23,000 from Indian institutes in 2020, says India CMD

India CMD Ramkumar Ramamoorthy clarified Cognizant would continue hiring, and that the earlier job-cut announcement was but a small one, considering the company had around 290,000 employees globally

Cognizant's planned layoffs: IT employees' union wants a tripartite meeting

A Nasdaq-listed IT services firm, Cognizant had said last week that it was planning to cut around 13,000 jobs

Cost issues a big hurdle for Cognizant growth story, say analysts

Though reducing headcount will help control cost, the CEO has to overcome the cultural issues associated with the layoffs.

Cognizant set to sack 13,000 as part of '2020 Fit for Growth Plan'

Reduction to be around two per cent of the company's headcount

Getting employee pyramid right for growth: Cognizant CEO Brian Humphries

Cognizant announced measures including reduction in job count in the coming quarters apart from exiting content moderation business

Cognizant Sept quarter net up 4.1% at $497 million; to cut 12,000 jobs

Its revenue grew 4.2 per cent to $4.25 billion in the third quarter, compared to $4.07 billion in the year-ago period

Cognizant to exit Facebook content review contract, 6,000 jobs under threat

Cognizant had about 500 workers in India's southern city of Hyderabad looking for sensitive topics or profane language in Facebook videos

Cognizant to acquire tech consulting firm Contino for undisclosed sum

Transaction likely to close in fourth quarter of 2019, subject to regulatory approvals

Going after digital deals, growth rates will improve, says Cognizant CEO

India is a critical part of Cognizant and will continue to be so, says Humphries

Cognizant confident of growth, will hire more in India: CEO Brian Humphries

Humphries, who took over the reins of the company earlier this year, said he has spent the past few months in marathon meetings with clients and employees