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.
21 Nov, 2019, 11.38 AM IST
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.
11 Aug, 2019, 09.22 PM IST
Cognizant narrows FY guidance, eyes further cost cutsCognizant expects full-year revenue growth of 3.9-4.9 per cent in constant currency.
01 Aug, 2019, 12.43 PM IST
Cognizant Q2 profit up 11.6% to $509 millionCognizant CFO said the second quarter results were in-line with its guidance.
01 Aug, 2019, 10.57 AM IST
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.
30 May, 2019, 08.16 AM IST
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...
11 Sep, 2018, 11.21 AM IST
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...
30 Aug, 2018, 09.51 AM IST
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.
10 Aug, 2018, 08.08 AM IST
Goldman's former MD Crowhurst to now lead Cognizant’s M&A huntAllen Shaheen, who used to head the company’s mergers and acquisitions, is now executive vice president in charge of the company’s North Am...
19 Apr, 2018, 08.25 AM IST
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...
28 Mar, 2018, 12.38 PM IST
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...
06 Aug, 2017, 04.20 PM IST
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...
09 Feb, 2016, 11.24 AM IST
Can lose $2.7 billion deal if Centene acquires Health Net: CognizantUS-based healthcare services firm Centene Corporation is in talks with Health Net to acquire the firm, Cognizant said in a statement.
03 Jul, 2015, 10.24 AM IST
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...
29 May, 2015, 05.41 AM IST
TriZetto gives us a platform to increase presence in the US healthcare space, says Karen McLoughlin, CFO, CognizantWe will let TriZet-to continue as a standalone entity though revenues will fall under the healthcare vertical, said Karen McLoughlin.
16 Sep, 2014, 05.00 AM IST
Cognizant enters $10bn club; April-June period revenue jumps to $2.5 billionThe company cut its revenue growth forecast for the year to at least 14% from earlier 16.5%, slowest ever in its 20 year history.
07 Aug, 2014, 11.28 AM IST
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.
28 Feb, 2012, 01.26 PM IST