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COGNIZANT ATTRITION
Mutual funds buy new-age dip; Infy CEO interviewHappy Thursday! Mutual fund inflows into listed new-age companies rose due to valuation adjustments and FPI selloff. This and more in today...- Cognizant CEO’s 2025 realised pay increases 30% to $10.7 millionCognizant Technology Solutions chief executive Ravi Kumar S took home $10.7 million in realised compensation in 2025, a more than 30% incre...
- Software exporters battle onsite strength reduction as attrition, visa issues tighten gripOnsite attrition has become a trend across the board in the information technology (IT) sector, data from staffing firm TeamLease show.
- Infosys likely to reclaim No. 2 spot from Cognizant soonInfosys in the September quarter had revenue of $4.6 billion, just $300 million lower than Cognizant’s $4.9 billion. And there’s a huge gul...
- Cognizant aims to maintain financial services growth rate amid digital pivotCompany pares revenue guidance, CEO says 'no significant slowdown' in IT services demand
- Cognizant net profit jumps 12.7%, firm lowers annual revenue guidanceIT major records 9.5% revenue growth in constant currency.
- Cognizant clocks highest attrition rate among IT peers in Sept quarterCognizant clocked an attrition rate of 33% in the quarter ended September 30, far exceeding those recorded by TCS (11.9%), HCL Technologies...
- Cognizant to hire 100,000 people to mitigate the impact of elevated attritionCognizant's attrition is higher than the industry average. For the quarter ended June, TCS's attrition rate stood at 8.6%, Infosys' at 13.9...
- Cognizant to hire 100,000 people from rivals to offset attrition painsCognizant is looking to offer jobs about 100,000 experienced professionals in 2021 and train close to 100,000 associates, in order to offse...
- Cognizant records highest attrition rate among peers, raises annual revenue guidanceThe Nasdaq-listed company reported an attrition rate of 31% in the second quarter, the highest among IT services companies in the three-mon...
- Cognizant attrition rises again, impacting revenueCognizant's voluntary attrition rose to 18%, a 2% increase over the December quarter, despite a series of measures to attract and retain ta...
- Cognizant makes 28,000 campus offers for 2021The company also raised its revenue growth forecast to 7-9% for fiscal year 2021
- Cognizant to hike bonus, offer more promotionsCognizant is also offering performance-based salary hikes to around 160,000 employees globally this year.
- Cognizant puts up $30 million for employee retentionThe corpus is used when such employees receive offers from competitors.
- IT companies go all out to stop attrition of skilled young staffIT firms are providing better hikes, bonuses and promotions to employees to stem the talent outflow.
- Cognizant fires 200 senior executives as it looks to ‘clean out’ pyramidIn August, Cognizant President Raj Mehta had told ET that senior jobs were on the chopping block
- IT firms look to stop talent leak with promotions, better hikesInfosys and Cognizant saw attrition cross 20%, implying that they are now losing a fifth of their workforce.
- Cognizant September quarter results: Five things to watch out forLast quarter, Cognizant clocked 7% sequential growth, in-line with the company's history of setting the pace for the rest of the sector.
- Europe remains attractive over the long term: Karen Mcloughlin, CognizantSequential pricing was flat during the fourth quarter. In 2012, we assume that pricing will remain stable.
- Cognizant ups annual guidance, beats estimates for Q1Cognizant has guided a per quarter sales of over a billion dollars for three months ending June 30, 2010.
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