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COGNIZANT LAY OFFS
IT cuts mid-tier, expands AI-smart entry level in new hiring playbookIndia's top IT companies are changing how they hire. They are bringing in more fresh graduates and giving them AI tools. Middle managers ar...- Zoho layoffs: Sridhar Vembu's firm laid off 300 employees without prior warning? Here's all about the social media buzzZoho layoff: There's a growing buzz on social media that Sridhar Vembu's company Zoho laid off 300 freshers without a prior warning. The bu...
- Threat to large IT firms 'overblown', Cognizant's AI chief says amid Anthropic-driven disruptionCognizant, which generates about 30% of its code through AI and aims to reach 50%, is not worried about automation eliminating entry-level...
- US Senators question TCS, 9 others over H-1B visa filings after layoff of American staffUS Senators questioned major tech companies including TCS and Cognizant. This action followed mass layoffs of American employees. These com...
- Cognizant to lay off around 3,500 employees as part of rejig programmeLayoffs at Cognizant follow that of Accenture, which in April announced that 19,000 employees would be let go globally.
- Cognizant accelerating investment in generative AI: CEO Ravi KumarCognizant on Thursday said it is operating pilots that use generative AI to accelerate consulting, design, engineering and operations with ...
- Lay offs are deemed illegal if not carried as per Industrial Disputes Act: Minister Bhupender YadavAmid reports of mass layoffs by several firms, including in the IT sector, Labour and Employment Minister Bhupender Yadav on Thursday said ...
- Cognizant lays off employees across multiple India locationsVinod AJ, general secretary of the All India Forum for IT Employees (AIFITE), said Cognizant employees across Chennai, Bengaluru, Hyderabad...
- Becky Schmitt to be new chief people officer at CognizantHumpries said in the mail, "To succeed Jim, I am pleased to announce that we have hired Becky Schmitt as our new EVP and Chief People Offic...
- IT companies to shed 5-10% of mid-level workforce: Ex-CFO of InfosysIT cos have no choice but to lay off some of their mid-level staff to become more agile, said ex-CFO of Infosys.
- Cognizant may lay off more, delays campus hiresUnder new CEO, Cognizant is undergoing a widespread restructuring aimed at boosting growth & lowering costs.
- Big hikes for Cognizant brassThe compensation increases have come at a time when the company said it was laying off as many as 200 senior executives.
- Cognizant fires 200 senior executivesLast year, Cognizant had offered nearly 400 employees a voluntary retirement scheme but this year's move by the company to cut senior level...
- 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
- Cognizant to trim top deck to make room for juniorsCognizant clarified the number of job losses that were being targeted.“The number of senior job cuts will be under 200,” a Cognizant spokes...
- Cognizant to reopen dialogue with 8 employees who claim they were forced to resignThe development on Friday is a hard-earned relief for the eight employees fearing the axe amid reports of higher-than-expected non-performe...
- FITE planning group petition with Tamil Nadu labour department on alleged lay-off by CognizantTamil Nadu's labour laws provide for aggrieved employees to approach the Conciliation wing of the state labour department to settle dispute...
- IBM calls reports of sacking 5000 employees factually inaccurateMedia reports had said the technology giant was laying off 5000 employees in India, joining the ranks of Cognizant, Infosys and Wipro in sh...
- No downsizing, to hire more: TCS chief Rajesh Gopinathan"We are here to create jobs, not to downsize," he asserted after TCS launched a BPO centre here to create new opportunities as part of the ...
- Cognizant bucks trend, to hand out good bonusThe IT major, which has most of its facilities in Chennai and Bangalore, is paying employees the full variable pay component this year. Cit...
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