Tag: Cognizant

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.

Does Amazon time its employees’ toilet breaks?

Amazon is grabbing headlines for the wrong reasons yet again. During a protest by its warehouse employees in Britain, some employees have made certain...

Latest

Raj Raghavan joins CoreStack as CHRO

A seasoned HR professional, who has led HR for companies such as Indigo, Amazon and GE, Raj Raghavan has now joined CoreStack, the next-gen...

Ford, Gemini, Innovaccer, and Inmobi lay off employees

Gemini Gemini, a US-based crypto exchange, announced that it will  let go of 10 per cent of its employees. The reason given for the layoffs...

Employers need to change work contracts warns UAE

The United Arab Emirates (UAE) has recently announced a change to its labour law, requiring employers to transfer their employees to limited-term contracts. The...

OPS implementation will benefit 1,36,000 employees: Himachal Pradesh government

The implementation of the Old Pension Scheme (OPS) has been discussed widely in recent days, and many states have already put it into action....

DIALOGUE

EQ, IQ & empathy define the success of a CEO

Q. You spent 16 years at LIC before moving to a corporate role at ICICI Prudential. Now, 22 years on, I am still curious...

“The big change has been that we have moved from jobs to skills,” Amaresh...

Q. How would you define the culture at GE? A. Having been present in this region since 1902, GE has been around for 120 years....

“Being good to everyone is being unjust to performers,” Mathew Job, CEO, Crompton

Q. In today’s times, what’s more challenging for a CEO like you — profit & business growth, talent & people, diversification, compliance or managing...