Cognizant spends $49 mn to let go some employees, $29 million to retain othersUnder CEO Brian Humphries, Cognizant is taking a slew of steps to invest and boost growth. In October, the Teaneck, New Jersey-headquartere...
06 Feb, 2020, 11.33 AM IST
Cognizant consortium wins five year deal from Network RailCognizant will lead the consortium in developing and applying enhanced data collection and analytics to Network Rail’s more than 12,000 con...
29 Jan, 2020, 05.22 PM IST
Cognizant to cut 7000 mid-senior level jobs, exit content moderationCognizant will remove a number of mid-to-senior employees, and redeploy about 5000 of those impacted. They will also exit the content moder...
31 Oct, 2019, 02.07 PM IST
Cognizant names Ramakumar Ramamoorthy as Chairman and MD of India unitThe IT services firm has over 200,000 employees in India; Ramamoorthy has worked at Cognizant for over 21 years.
17 Sep, 2019, 08.35 AM 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 may go for job cuts after slashing growth targetThe Teaneck, New Jersey-headquartered firm has been cutting jobs for the last two years.
04 May, 2019, 04.18 PM IST
A quarter of Cognizant employees is in digitalThe Teaneck, New Jersey-headquartered company shared this information on its first ‘analyst day’ held earlier this month to provide greater...
28 Nov, 2018, 11.06 AM IST
Cognizant implements deal with Amway IndiaThe company has said it expects Asia-Pacific to contribute $1 billion in revenue in the next few years and was looking at India as part of ...
11 Oct, 2018, 03.54 PM IST
Cognizant fires 200 senior executives as it looks to ‘clean out’ pyramidIn August, Cognizant President Raj Mehta had told ET that senior jobs were on the chopping block
10 Oct, 2018, 11.22 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 names CEO Francisco D’Souza vice chairman of the boardLast month, ET had reported that Elliott Management had exited the company, after pushing the Teaneck, New Jersey-headquartered IT player t...
13 Jun, 2018, 06.02 PM IST
Cognizant buys Belgian analytics and advisory firm Hedera ConsultingThe company was founded in 2009 and it has offices in Belgium and the Netherlands and clients across Europe, the UK and the Middle East.
03 May, 2018, 09.40 AM IST
Cognizant launches $300 million accelerated share repurchaseCognizant said it would return $3.4 billion in capital to shareholders via buybacks and dividends.
14 Mar, 2018, 04.11 PM IST
Cognizant to invest $100 million in new foundation to improve US tech skillsThe Teaneck, New Jersey headquartered firm also said it had hired 6000 US workers in 2017 and planned to grow its US headcount by at least ...
07 Feb, 2018, 06.08 PM IST
Capgemini enters list of top 5 IT employers in IndiaTCS remained the largest employer for 2015-16 while the Teaneck, New-Jersey headquartered Cognizant moved down to number three.
26 Jul, 2016, 01.24 PM IST
Cognizant to provide $40 million in funds for Chennai flood reliefThe southern Indian city has seen the worst rains in more than a century and parts of it have been submerged for more than five days.
08 Dec, 2015, 12.06 PM IST
Cognizant revenue beats estimates with 7% rise; raises 2013 forecast to $8.74 billionCognizant's strong showing follows Infosys, TCS and HCL Tech who exceeded expectations in June quarter, raising hopes for the industry.
06 Aug, 2013, 05.42 PM IST