The privately-held company has more than 175 consultants who design and deliver cloud and automation solutions
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Slow growth rate and execution challenges impact Cognizant Q4 performance
Cognizant Technology Solutions has introduced a one-time, 'two merit cycles' for calendar year 2022 (CY22) for its employees to arrest attrition
Nasdaq listed Cognizant Technology Solutions (Cognizant) closed the third quarter with a 2.4 per cent revenue growth.
CEO says revenue and bookings below expectations, but company will return to 'accelerated growth'
Kumar will be reporting directly to Brian Humphries, CEO Cognizant.
If our clients are seeing some headwind that will eventually have impact: Cognizant India's Rajesh Nambiar
Revenue was at $4.9 billion, up 9.5 per cent in constant currency on a year-on-year (YoY) basis
Rajesh Nambiar shall remain Cognizant CMD and executive Vice-President of India
NICL is one of India's leading public sector general insurance companies
Also on offer: Higher promotions, work flexibility, eldercare & childcare support to track attrition.
India will see the majority of this hiring
Net income was up 11.5 per cent year-on-year, but down from $576 million in the quarter ended Oct-Dec 2021.
NITES has raised a complaint against IT giant Infosys with the Centre over the contract guidelines for restricting former employees from working with competitor
As digital transformation gets in top gear, IT companies lead the pack and the top 3 firms are Tata Consultancy Services, Accenture and Cognizant, respectively, ramping up IT investments and hiring
Cognizant also guided that for FY2022 it expects revenue growth to be in the range of 8.5 per cent to 11.5 per cent, which means revenue outlook of $20 billion to $20.5 billion.
The company ended the year with a total headcount of 330,600, up 14 per cent year-on-year.
Cognizant has said it expects its revenue to grow 8-11% in annual constant currency terms during 2022-24
In a Q&A, the company's CMD also dwells on retention mechanisms and growth drivers in a firm that beat Q3CY21 estimates despite 33% attrition