After cutting onsite jobs IT companies start rebuilding headcount through acquisitionsIndian IT companies are expanding revenue streams and payrolls through acquisitions of smaller firms and engineering services, despite on-y...
14 Jun, 2024, 09.47 AM IST
Cognizant to buy advisory firm Thirdera to focus on workflow solutionsNew Jersey-based Cognizant plans to absorb 940 people from Thirdera into its ServiceNow business group, its channel partner which has a tea...
14 Dec, 2023, 11.34 AM IST
Software exporters battle onsite strength reduction as attrition, visa issues tighten gripOnsite attrition has become a trend across the board in the information technology (IT) sector, data from staffing firm TeamLease show.
01 Dec, 2022, 06.00 AM IST
Cognizant puts up $30 million for employee retentionThe corpus is used when such employees receive offers from competitors.
17 Feb, 2021, 08.44 AM IST
Cognizant to acquire US based Magenic TechnologiesThe acquisition will expand Cognizant’s software product engineering footprint.
19 Jan, 2021, 08.34 PM IST
Cognizant appoints Shinji Murakami as Head of Japan marketAs the head of Cognizant Japan KK, Cognizant’s Japan subsidiary, Murakami will lead the strategic expansion of the company in the country.
04 Jan, 2021, 10.44 AM IST
Companies allowing employees cash compensation, roll over of unused leaves in 2020RPG Group, Mindtree, M&M, Cashkaro are among companies temporarily doing away with the usual ‘use it or lose it’ approach to leaves, where ...
10 Dec, 2020, 07.13 AM IST
Cognizant to acquire Chicago-based cloud specialist firm 10th MagnitudeThe acquisition is expected to add to the company’s Azure expertise within its ‘Microsoft Business Group’ segment. The acquisition adds to ...
01 Sep, 2020, 09.40 PM IST
Cognizant acquires Microsoft cloud partner company New SignatureAccording to Cognizant, the acquisition expands the company’s hyperscale cloud advisory services, and will help build up a dedicated group ...
28 Jul, 2020, 06.45 PM IST
Cognizant withdraws FY20 guidance, draws on credit line to boost financial flexibilityRevenue in the first quarter is now expected to be $4.22-$4.23 billion.
09 Apr, 2020, 06.14 PM IST
Cognizant to let go of 350 senior hands earning Rs 80 lakh-1.2 crore to bring down costsMost of these employees are based out of India. The list has been submitted to chief executive officer Brian Humphries’ office, the people ...
24 Dec, 2019, 02.17 PM IST
Tech services firms look to turn a page with content moderationContent moderation work involves tasks like filtering a video, image or text with hate messages, which could end up hurting organisations, ...
16 Dec, 2019, 05.04 PM IST
Cognizant CEO Brian Humphries looks outside to ramp up digital talentFirm has hired execs from CenturyLink, Mphasis and Wipro to improve its positioning.
28 Aug, 2019, 07.08 AM IST
Kansas fallout: Wipro, Cognizant issue advisories, tell Indian techies in US to be on guardAnother IT major, Cognizant, is also learnt to have sent an internal email advising employees to be on the guard, according to the report.
10 Mar, 2017, 12.49 PM IST
Cognizant buys 22 acre land in Bengaluru for Rs 175 crore; plans set up first R&D centre in IndiaThe deal comes at a time when many organisations are snapping up large spaces for consolidation and future expansion at competitive rates b...
18 Jul, 2015, 04.04 AM IST
Cognizant, TCS revenue largely from US, to be most hit by new visa rulesThe immigration bill says if an employer has more than 50% of employees on H-1B or L-1 visas, it must pay $10,000 fee per additional worker.
13 May, 2013, 06.45 AM IST
- Cognizant not in talks to buy UK firm Pa Consulting
In a press statement PA's Executive team and Board has clarified that Cognizant Technology Solutions are not, nor have ever been, in talks ...
20 Apr, 2009, 10.26 PM IST