Page 5 - Cognizant

Cognizant expects to make offers to 45,000 new graduates in India in Q4

IT companies like Infosys and Wipro are witnessing high attrition numbers

Cognizant India's profit falls 40%, revenue dips 5% in FY21: Tofler data

Revenue for the financial year 2021 was Rs 29,682 crore, a fall of nearly 5 per cent from the revenue in the previous year.

Cognizant inks $95 mn deal with US shareholders over India bribery charges

In February 2019, Cognizant agreed to pay $25 million to settle a related U.S. Securities and Exchange Commission civil probe

Cognizant acquires a digital engg firm, its sixth acquisition in 2021

The company continues expanding in key strategic focus areas for digital -- digital engineering, data and artificial intelligence, cloud and the Internet of Things

Cognizant revises guidance upward to 10%: But can it manage growth?

The company has spent $2 billion since 2019 to bolster its cloud and digital play through acquisitions

Half of planned 100k lateral hiring has been done: Cognizant India chief

In a Q&A, Rajesh Nambiar dwells on the reasons for an attrition rate as high as 31% and why he thinks the company will deliver growth in the coming quarters

Amid high attrition rate, Cognizant plans to hire 100,000 people this year

The firm, which had a quarterly attrition rate of 31%, als plans to recruit 30,000 at the graduate level

Cognizant learns an HR lesson as people shortage impacts business momentum

A challenging strategy to accelerate growth has ironically dragged the former IT racehorse into bigger troubles over people management

Cognizant starts Covid vaccination drive for 650,000 staff and dependents

Ensures delivery of 1,000 oxygenated beds, ventilators, life-saving supplies with $8.5 mn relief funding

At 21%, Cognizant sees highest IT attrition in January-March quarter

In the previous quarter, the company's attrition rate was lower at 19 per cent, though the level was 22 per cent in the January-March 2020

Cognizant reports good numbers in Mar quarter, revises revenue guidance

Net income for the first quarter of CY21 was $505 million, up 37%

Cognizant revises revenue guidance for CY22 as digital deals drive growth

But the forecast at 7-9% does not match Infosys' 12-14%; While TCS does not give guidance, its management is sure of double-digit growth

Cognizant, IBM reach out to employees in the fight against Covid-19

Oxygen supply, vaccination and medical attention from doctors form the core of these initiatives

Cognizant launches program for techies looking to restart careers

Cognizant Returnship Program: It is focused on providing returners with a supportive environment and access to training, upskilling, mentorship and other resources

Cognizant announces bonus higher than 2019, promotes 24,000 employees

The company is also offering about 1,60,000 employees with merit increases globally, and has promoted more than 24,000 employees across every level

From Cognizant to HCL, India Inc opens up purse for employee retention

HCL had announced a one-time special bonus of $90 million earlier this month to employees around the world as it crossed the $10-billion revenue mark

On track to bring in more new hires in Q1 2021 than ever before: Cognizant

Cognizant has stepped up its hiring efforts for both freshers and lateral hires in the country

Analysts want new Cognizant CEO Brian Humphries to show results soon

Cognizant posted 20 per cent decline in net profit to $316 million, against $395 million in the same period the year before

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

Infosys, TCS, Cognizant join WEF coalition to tackle workplace racism

Announcing the coalition during its week-long online Davos Agenda Summit, the WEF said it would work towards improving racial and ethnic justice in the workplace