The firm had planned to increase hiring in its sales vertical to build a 500-strong team that will target niche deals in digital services.

The company had taken "targeted actions" in 2nd quarter that could result in USD 65 million of savings.

Cognizant expects full-year revenue growth of 3.9-4.9 per cent in constant currency.

Cognizant CFO said the second quarter results were in-line with its guidance.

Cognizant slashed its revenue growth guidance earlier and said it was looking at cutting jobs to reduce costs.

A lawsuit was filed against Cognizant, wherein alleged that the company violated of the Securities Exchange Act of 1934 by making misleadin...

The Teaneck, New Jersey-headquartered company said it invested more than $8 million on its current expansion in Irving and qualified fora$2...

The company opened a new 5000 sq foot office in the state, raising its total headcount up from the current 3000 people it employs there.

Compensations of the company’s top three executives - D’Souza, Rajeev Mehta, President, and Karen McLoughlin,chief financial officer - were...

Cognizant has been under the scanner of the tax department since November last year, when it was sent across notices over tax incidences ar...

Cognizant is dealing with the challenge of both winning new business in a troubled market and raising its margin.

Cognizant 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...

This 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...

Cognizant's long-time finance chief Karen McLoughlin explained to ET's Anirban Sen company's weakest first-quarter guidance in years. Edite...

Cognizant, which won a massive $2.7 billion outsourcing contract from US-based Health Net last year, expects revenues to start kicking in f...

Cognizant today said it will pay its senior executives 100% performance-linked stock options if the company's revenues touch $8.51 bn in FY...

Sequential pricing was flat during the fourth quarter. In 2012, we assume that pricing will remain stable.