Tag: Cognizant

Cognizant records an industry high attrition of 33 per cent

The trend of high attrition rates seems to be uniform for IT companies in the third quarter. However, Cognizant, the US- based tech company,...

Cognizant to hire 100,000 laterals, 30,000 freshers

In an endeavour to handle the rising attrition, Cognizant is gearing up for about one lakh lateral hires this year. About 30,000 freshers will...

“Reinstate employee, pay back wages”: Court to Wipro

There was much cheer and celebration amongst members of the Karnataka State IT/ITeS Employees Union (KITU), when a Wipro employee who was forced to...

Cognizant will expand Indian team by 28,000 in 2021

Cognizant is all set to recruit 28,000 freshers in 2021. Last year, the IT services company hired 17,000 to handle the voluntary attrition in...

Metros accounted for 86,000+ active job openings in April

Amidst the second wave of the pandemic that has taken the country by surprise, the top five metros —Bengaluru, Hyderabad, Delhi, Mumbai and Chennai—...

Cognizant launches ‘returnship’ programme for tech pros on career break

Cognizant Technology Solutions has decided to do its bit to help techies who have taken a break — due to various reasons or family...

Havells, Mobile Premier League, Cognizant to bear vaccination cost of staff

Havells India, Cognizant Technology Solutions and Mobile Premier League (MPL) have joined the list of corporates offering to cover the vaccination cost for their...

1.6 lakh Cognizant employees to get merit increments

Cognizant will reward its staff for their “professionalism, perseverance and client-centricity,” by giving out bonuses, promotions and merit-based increments, despite the challenges posed by...

Cognizant staff burn over 800 lakh calories, shed 4,500 kg

Cognizant’s annual health challenge, this year, was conduced online in collaboration with the health app, Healthifyme. The whole programme included webinars on nutrition, exercise...

Rajesh Balasubramanian appointed head-people & culture, Accolite

Accolite Digital has appointed Rajesh Balasubramanian as head – people and culture. With more than two decades of experience across manufacturing, information technology and...

Cognizant’s 9-hour workday regime opposed

Last week, Cognizant Technology Solutions (CTS) made headlines with its nine-hour work day rule for all its India-based employees. The move was part of some...

9-hour workday, 36 days of paid leave for Cognizant staff

The India team of Cognizant Technology Solutions will follow a nine-hour work day starting February 15. The number of paid leaves in a year...

Cognizant employee sacked for thrashing pet

An employee of Cognizant was recently filmed by his neighbour (without his knowledge) while he was thrashing his pet puppy mercilessly in his house....

Smriti Ahuja appointed CPO, Times Internet

After a successful tenure of over six years at Cognizant, Smriti Ahuja has moved to Times Internet as chief people officer. Ahuja was earlier...

2.8 lakh Cognizant employees to get hike

Cognizant has revealed plans to provide merit-based increments to employees, as its revenues have exceeded expectations in the third quarter. The bonuses will, therefore,...

Garbing layoffs as restructuring: it matters to those axed

Julie Sweet, CEO, Accenture, revealed mid-August that it plans to lay off five per cent of its global workforce, affecting around 10,000 in India....

Cognizant to follow single promotion cycle from October 1

After suspending promotions in March due to the pandemic, IT services major, Cognizant, has finally decided to roll out its promotions in a single...

Ex-employee voluntarily dismisses lawsuit against Cognizant

Ravindra Guyyala, a former employee of Cognizant, had recently filed a lawsuit against the current and former board members of the multinational IT company,...

Cognizant to lay off nearly 18000, faces legal action from KITU

After receiving numerous complaints from employees of the IT firm Cognizant, Karnataka State IT/ITeS Employees’ Union (KITU) said it had initiated legal action against...

Cognizant lays off benched employees

According to the New Democratic Labour Front (NDLF), an IT employee union, the US- based IT major, Cognizant, has begun terminating its benched employees as...

$5.7 million overtime compensation for ex-Cognizant staff

American multinational information technology giant, Cognizant, will be paying $5.7 million to compensate its former employees who had alleged that they had been underpaid...

Fair, dignified, ‘voluntary’ separation package for Cognizant’s benched US staff

Following the economic impact of COVID-19 on the business, Cognizant Technology Solutions has offered its benched employees a voluntary separation package. These employees, who...

Cognizant to increase base pay for its employees working amidst pandemic

Cognizant plans to give its employees, up to associate-level, in India and the Philippines, a 25 per cent increment in base pay for the...

Employees of public banks question the need to report for work...

Employees of public banks seem unhappy with the current arrangement, where they are required to go to office even during the lockdown period. Not...

Coronavirus: ‘Work from home’ seems to be the mantra

India Inc. is taking precautions to keep employees safe. While Cognizant has shut its office in Hyderabad, and asked its employees to work from...

Cognizant will step up campus hiring

As part of its plans to expand its workforce in India, Cognizant is all set to increase hiring from campuses. It plans to recruit...

Cognizant spends $49 mn on laid off staff, and $29 million...

As part of a business overhaul, Cognizant spent approx. $49 million on the employees it laid off and invested $29 million to retain the...

Cognizant to layoff 350 employees to reduce cost

Cognizant has decided to layoff around 350 people from mid to senior level positions. The salary packages of these employees ranged from Rs 80...

Union leader of Cognizant terminated for non-performance

The general secretary of the Forum for IT Employees (FITE), Elavarasan Raja, who has been an employee of Cognizant for five months now, has...

Cognizant’s retrenchment move opposed

Union of IT and ITES employees (UNITE) is not ready to take the recent announcement made by Cognizant to lay off thousands, lightly. According...

Cognizant to quit content moderation, will lay off about 7000

Cognizant, the information technology company, is planning to lay off 7000 employees in the next couple of quarters. The Company is also readying to...

Over 1 lakh women in Cognizant workforce, globally

American information technology company, Cognizant, has a 2.88 lakh strong workforce globally, of which one lakh are women, that is, 34 per cent. The...

Indian IT firms in the US pay higher average wage than...

A research has recently revealed that the average wage paid by Indian IT services firms to their employees in the US, is about $96,300....

Cognizant to spend carefully, will cut down on hiring and travel...

Information technology company, Cognizant, is taking measures to cut down on expenses. Not only will the company slow down hiring, but it will also...

Increase in variable pay expected at Cognizant

American multinational IT services company, Cognizant, is reportedly planning to increase the variable component of its employees’ pay package. This will help the Company...

Cognizant will hike remuneration of entry-level engineers in India

American multinational IT services provider, Cognizant, is expected to hike the pay packages of its entry-level engineers in India by about 18 per cent....

Cognizant to lay off employees in India

Cognizant, the US-based IT services company, is expected to lay off a significant number of its employees, most of them in India. It is...

Cognizant’s CFO earned $5.5 million last year, amidst cost cutting

A cost-cutting drive at US-based IT company, Cognizant, did not stop its senior executives from getting double-digit hikes in salary last year. Former CEO of...

Facebook’s content moderators are highly stressed

Facebook, the social-media platform has always been counted amongst the hip places to work in. However, a recent report in The Verge suggests that...

FITE forms state-level tri-partite committee to address IT employees’ issues

The Forum for Information Technology Employees (FITE), Maharashtra recently met with Maharashtra Labour Minister Sambhaji Patil Nilangikar and other senior officials to discuss various...

Cognizant is Top Employer 2019 in Europe, Asia-Pacific and Latin America

American multinational IT services provider, Cognizant, has been certified as a Top Employer for 2019, not only across 10 countries of Europe, but also...

Highest recruitment by top five IT companies since 2015

India’s top five IT companies witnessed the most extraordinary hiring figures ever in the quarter ending September. In fact, the hiring figures were the...

Cognizant to prune at top

The multinational will downsize at the top level, to make way for the juniors.

Dayanand Allapur to join Cognizant as global head-HR, digital operations

Allapur will move from Capgemini, where he was CHRO, global head-HR, business services

Cognizant Outreach Programme impacts 4,50,000 lives across the globe

Over a lakh employees volunteered to reach out to students, even in remote areas, to teach and guide them.

What’s the VoI in Cognizant’s wellness plan?

Value of investment (VoI) includes increased awareness about health and health programmes, improved employee engagement and better brand recall for the organisation

Top Cognizant executives accept VRS

The Company is attempting to increase its cost margins and revenue growth.

Tech Mahindra’s top executives take salary cut due to company’s underperformance

Around 20 executives have written a letter to the CEO and chief people officer of the company, intimating their decision to take a pay cut ranging from 10 per cent to 20 per cent.

Salary hikes and promotions deferred at Cognizant

The scenario is another indicator that the IT industry going through a tough phase.

TCS reduces H-1B visa application to a third of 2015

The IT giant has increased local hiring in the past two years.

Reinventing tomorrow’s workplace

Years ago, I built a 24-foot-long table in my backyard as a gathering place for thoughtful dialogue with the eclectic group of friends, acquaintances,...

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NMC withholds salaries of 250 unvaccinated employees

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Punjab and Sind bank to hire risk and IT managers

Punjab and Sind Bank is looking for suitable candidates for the positions of risk manager and IT manager. Candidates keen to apply for these...

How Axis Securities is breaking stereotypes in the brokerage industry

As newer avenues in the technology and consulting sector open up for fresh MBA graduates, the banking, financial services and insurance (BFSI) industry has...

What repercussions does the Haryana Job Law entail?

The state of Haryana is home to a variety of industrial set-ups. Primarily regarded as an agricultural state, multiple industries — with automobile, chemicals...

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“If CEO is the father of an organisation, CHRO is the mother,” Pankaj Lochan

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Binding multi-faceted employees with Titan Values

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