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.
02 Jun, 2020, 09.37 AM IST
Cognizant to give two-thirds of employees 25% more in base pay for working in coronavirus pandemicThe Teaneck, New Jersey-headquartered company said the additional payout for employees in India and the Philippines will be up to the Assoc...
28 Mar, 2020, 07.38 AM IST
Cognizant sees Data Protection Bill increasing costs, obligationsFirm says compliance may require changes in business practices. The Bill was recently cleared for introduction in the ongoing Budget sessio...
18 Feb, 2020, 07.41 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 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 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
Cognizant asks shareholders to reject mini-tender offer from TRC CapitalIn a filing to stock exchanges, Cognizant said it did not endorse TRC's "unsolicited" mini-tender offer and urged shareholders to reject th...
15 Mar, 2016, 06.45 AM IST
Cognizant buys US-based KBACE TechnologiesCognizant, which has a large majority of its 219,000 employees in India, said that the KBACE acquisition would bolster the company’s digita...
27 Jan, 2016, 09.18 PM 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
Cognizant Q4 net up 16.44%; expects FY12 revenue at $7.53 bnGiving its outlook for the first quarter of 2012, the company said it expects first quarter revenue to be at least USD 1.70 billion.
08 Feb, 2012, 11.02 PM IST