Tag: Cognizant

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

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.

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

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

Large-scale white-collar displacement at middle and senior levels is a relatively new phenomenon in the Indian business environment, which both employees and employers are ill equipped to handle. This will certainly increase the chances of unions playing a more dominant role.

With dipping revenues, falling hiring numbers and the kind of talent sought by IT industry undergoing a massive change, what will keep the charm intact? 

Employees with over Rs 40 lakh in annual salaries or those at the director and senior VP level are being considered. 

In an endeavour to shift its focus from traditional IT services to digital, the company plans to trim its workforce

Cognizant recently allowed its employees in India — in support functions — to work from home as part of a space-management strategy.

In his new role, Das will focus on strengthening leadership practice.

Organisations are ready to hire new set of recruits – not the millennials or Gen Z – it’s the smart machines and artificial intelligence. The new workplace will see humans and intelligent machines working in tandem.