Cognizant Techology Solutions

Cognizant engaged in discriminatory conduct against non-Indians: US jury

Cognizant had the highest number of H-1B visas of any US employer from 2013 to 2019, according to Citizenship and Immigration Services

Cognizant Q2 net rises 22% to $566 mn, revises FY24 guidance to $19.5 bn

Cognizant has revised its full-year revenue growth guidance for FY24 from $19.3 billion to $19.5 billion, representing a growth of -0.5% to 1%

Cognizant defers annual salary hikes to Aug 1, says 'recognises hard work'

Nasdaq-listed information technology company employs some 250,000 people in India

Cognizant gears up to advance women in leadership with new programme

In India, nearly 40 per cent of Cognizant's associates are women, compared to the IT industry gender diversity average of 36 per cent

Cognizant shifts to asset-light model; to sell assets in Hyderabad, Chennai

The company has already vacated 1.15 million square feet of office space in Chennai, including 500,000 square feet in the DLF Cybercity SEZ and 650,000 square feet in the Ramanujan IT SEZ

Cognizant splits global growth markets by appointing 2 internal leaders

Manoj Mehta and Jane Livesey will lead two units and report directly to CEO Ravi Kumar S

We are infusing GenAI into all our core offerings, says Cognizant CEO

Kumar cited the example of a GenAI-enabled conversational virtual assistant (VA) that Cognizant has introduced to help clients reimagine experiences beyond chatbots

Cognizant Technology to invest $1 billion in Gen AI over three years

The planned investment will cover platforms, personnel, partnerships, IT infrastructure, and mergers and acquisitions

Cognizant's new platform offers responsible AI for enterprise customers

Platform has a library of reusable generative AI models and agents, development tooling, and control components including API and access management, versioning, and auditing

Cognizant Technology announces salary hikes to 300,000 employees

Eligible executives at the levels of directors and above have already received merit increases in January

Infy may overtake Cognizant on revenue front after a decade, say analysts

Slow growth rate and execution challenges impact Cognizant Q4 performance

Cognizant closes Q3 with $4.9 billion revenue, 2.4 per cent growth

Nasdaq listed Cognizant Technology Solutions (Cognizant) closed the third quarter with a 2.4 per cent revenue growth.

Cognizant Q2 profit up 12.7% at $577 mn, lowers revenue guidance

Revenue was at $4.9 billion, up 9.5 per cent in constant currency on a year-on-year (YoY) basis

Cognizant Q4 income down 20% to $316 mn, net income at $395 million

For the fourth quarter of 2020, Cognizant''s revenue declined 2.3 per cent to USD 4.18 billion from USD 4.28 billion in the year-ago period

Cognizant net profit falls 30% to $348 mn in Q3; revenue flat at $4.2 bn

The highest growth in revenue during the quarter came from healthcare vertical which grew 4.8 per cent to $1,231 million

Cognizant withdraws full-year guidance for 2020 amid Covid-19 uncertainties

The withdrawal comes on the back of falling client demand, expecially in the travel and hospitality space

Cognizant to hire 23,000 from Indian institutes in 2020, says India CMD

India CMD Ramkumar Ramamoorthy clarified Cognizant would continue hiring, and that the earlier job-cut announcement was but a small one, considering the company had around 290,000 employees globally

Getting employee pyramid right for growth: Cognizant CEO Brian Humphries

Cognizant announced measures including reduction in job count in the coming quarters apart from exiting content moderation business

'Encyclopaedia' Ramkumar Ramamoorthy takes charge of Cognizant India

Narayanan, who had hired a young Ramamoorthy, says he has reinvented himself several times over the past 20 years

Cognizant boosts bench strength of leaders after spur of high-level exits

Experts say this is a step in the right direction for the firm to regain its competitive edge