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 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 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.
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...
UK keen to invest in India's transport infrastructure: Suresh PrabhuThe British government and UK-based investors are keen to invest in India's transport infrastructure, Railway Minister Suresh Prabhu said.
UK says does not believe other carmakers rigged emissions, some yet to replyBritain's transport minister said he did not believe that other carmakers were rigging vehicle emissions after Volkswagen cheated tests in ...
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...
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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