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KAREN MCLOUGHLIN
Cognizant Q2 results: Net profit declines 29%; new CFO appointedThe company’s financial services revenue, which accounts for 34.9 per cent of total revenue, decreased 5.2 per cent year-over-year due to d...- Cognizant CFO signals further cost cuts, says TCS good at cost managementKaren McLoughlin said rival TCS managed costs better, which Cognizant would find difficult to emulate.
- Cognizant to retain digital talent in slowdown, anticipating recoveryThe Teaneck, New Jersey-based IT services provider earns around 38% of its $16.8 bn revenue from digital businesses.
- Cognizant to upskill 5,000 staffersThe firm had planned to increase hiring in its sales vertical to build a 500-strong team that will target niche deals in digital services.
- Cognizant rationalising costs to re-invest in talent, expand digital solutions portfolioThe company had taken "targeted actions" in 2nd quarter that could result in USD 65 million of savings.
- Cognizant narrows FY guidance, eyes further cost cutsCognizant expects full-year revenue growth of 3.9-4.9 per cent in constant currency.
- Cognizant Q2 profit up 11.6% to $509 millionCognizant CFO said the second quarter results were in-line with its guidance.
- No mass job cuts, freshers to get 20% more from next year, says CognizantCognizant slashed its revenue growth guidance earlier and said it was looking at cutting jobs to reduce costs.
- Cognizant gets partial relief in class action lawsuitA lawsuit was filed against Cognizant, wherein alleged that the company violated of the Securities Exchange Act of 1934 by making misleadin...
- Cognizant expands operations in TexasThe Teaneck, New Jersey-headquartered company said it invested more than $8 million on its current expansion in Irving and qualified fora$2...
- Cognizant expands operations in Arizona, to add 500 jobsThe company opened a new 5000 sq foot office in the state, raising its total headcount up from the current 3000 people it employs there.
- Cognizant offers single-digit pay hike to key executives, CEO gets 3 per centCompensations of the company’s top three executives - D’Souza, Rajeev Mehta, President, and Karen McLoughlin,chief financial officer - were...
- Tax dispute won't impact pay hikes and promotions: Cognizant CFO to employeesCognizant has been under the scanner of the tax department since November last year, when it was sent across notices over tax incidences ar...
- Cognizant draws up plans to strike 5-10 deals a yearCognizant is dealing with the challenge of both winning new business in a troubled market and raising its margin.
- 400 executives accept Cognizant's voluntary separation packageCognizant has a significant chunk of its total 2.56L workforce in India and it is estimated that of the 400 people, a large number could be...
- Cognizant rewards all top executives with 142% target bonus after stellar yearThis comes after the US-based company, which has most of its employees working out of India, exceeded its 2015 target with a 21% increase i...
- Everyone wants to hire our well-trained staff: Karen McLoughlin, CognizantCognizant's long-time finance chief Karen McLoughlin explained to ET's Anirban Sen company's weakest first-quarter guidance in years. Edite...
- Cognizant Technology to chase niche, tuck-in acquisitions: CFO Karen McLoughlinCognizant, which won a massive $2.7 billion outsourcing contract from US-based Health Net last year, expects revenues to start kicking in f...
- 100% stock options to employees on meeting target: CognizantCognizant today said it will pay its senior executives 100% performance-linked stock options if the company's revenues touch $8.51 bn in FY...
- 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.
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