Local hiring to go on: Cognizant president tells techies fearing layoffs

Company to re-skill around 100,000 employees by year-end

Cognizant Technology Solutions' has reached out to employees saying the firm is not planning layoffs and has dismissed concerns among engineers in India that they were being eased out in favour of hiring more resources in the US.

In an internal letter to the employees, Rajeev Mehta, president of Cognizant, said that in line with industry best practices, the company conducts performance reviews each year to ensure it has the right associate skillsets to meet client needs and achieve its business goals.

"Resulting actions are performance-based and generally consistent year to year. Our performance management is based on having the