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COGNIZANT WORKFORCE EXPANSION
GCCs in India: The story so farIndia's global capability center landscape is booming, serving as a catalyst for technological and service-driven growth. While discussions...- 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 forecasts quarterly revenue below estimates on cautious IT spendingCognizant Technology has recently announced an unexpected decline in its quarterly revenue forecast, indicating that clients are exercising...
- Cognizant’s Q4 net profit climbs 18% to $648 million, revenue rises 4.9%The New Jersey-headquartered company posted a net profit of $648 million on revenue of $5.3 billion for the quarter ended December 31. In c...
- Cognizant to hire about 25,000 freshers in 2026IT services major Cognizant on Wednesday said it aims to hire about 24,000-25,000 freshers in 2026 as part of its strategy to expand "botto...
- Muted IT hiring to focus on skill-driven freshersSoftware services firms are adopting a cautious hiring approach, prioritizing skill-driven freshers with an anticipated growth of 3-5% in t...
- Rajesh Nambiar quits Cognizant, appointed as Nasscom president designateDebjani Ghosh, who finishes her term in November, said on X that she is "thrilled to welcome Nambiar" to the industry body. "Rajesh, a dear...
- Cognizant CFO Jatin Dalal sees positive signals in IT demand scenario after longSpeaking about the recent controversy on low salary at the entry levels, Dalal said that it was a “misunderstanding” and for engineers the ...
- Cognizant responds to Rs 2.5 LPA salary backlash, claims details 'grossly misrepresented'Cognizant addressed a social media controversy over its ₹2.52 lakh fresher salary offer, clarifying that the figure applies only to non-eng...
- Cognizant Q2 net profit down 19% YoY; company retains 2023 revenue guidanceCognizant's revenue declined 0.4% year-on-year to $4.89 billion for the three-month period ended June. It was marginally above street estim...
- Cognizant extends partnership with biopharma firm Gilead, estimated deal size at $800 millionGilead has partnered with Cognizant for more than three years now to adopt technologies designed to run business operations, new product la...
- Cognizant’s India arm renews two leases for 6.27 lakh sq ft Pune office spaceThe renewals assume significance in the backdrop of the Nasdaq-listed information technology company’s announcement earlier this month that...
- 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 Q1 net profit up 3% YoY; to lay off 3,500 employees over two yearsCognizant also announced a two-year rejig aimed at simplifying the operating model and rationalising office spaces to the tune of $400 mill...
- Cognizant merges two service lines into one new unit, appoints Malcolm Frank inchargeThe new service line -- Digital Business and Technology -- will be headed by current president and head of digital business, Malcolm Frank.
- Tier two towns like Coimbatore, Madurai, Trichy in Tamil Nadu to get most of big bang investmentsHCL Technologies has announced it will invest Rs 6,600 crore. Most of the investment will go into Madurai in southern Tamil Nadu.
- Cognizant’s FY14 revenue growth beats expectations; sets 19% growth target for FY15The company's net income rose to $362.9 million in the fourth quarter ended December 31 from $324.3 million a year earlier.
- How Pune-based startup, kPoint, is helping Cognizant enhance its employee training practicesKPoint's technology enables Cognizant, which has a revenue of about $9 billion (Rs 54,000 crore), crowd source ideas and create a video-tra...
- Cognizant Q1 revenue rises 20% to $2.42 billion; signals bullish outlookThe IT major expects second quarter revenue to be between $2.50 billion and $2.53 billion. Non-GAAP diluted EPS is expected to be $0.62.
- Cognizant's September-quarter sales may beat street estimates, raise guidanceCognizant is expected to beat its sales estimates & raise its full-year growth forecast when it announces results on Tuesday.
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