WebSep 27, 2024 · The report states: State IT employee unions in Karnataka and Chennai have alleged that Cognizant is executing mass layoffs after benching nearly 18,000 employees across India. Cognizant has allegedly asked the employees to resign as they are unable to secure projects. Jul 2, 2024 WebJul 6, 2024 · Cognizant Layoffs: Coronavirus Pandemic has Only Amplified a “Normal Process” Advancements in robotics and automation: Transforming industries Top Ten Delhi University Colleges KUKA designing CO2-neutral battery assembly system for Valmet Automotive in Finland Biden’s New Banking Reforms are Badly Focused: Here’s Why
Layoffs at Cognizant: 18,000 employees benched; Karnataka unio…
WebOct 31, 2024 · Cognizant said that it is trying to cut costs and boost revenues. Apart from layoffs, it is also reportedly looking to increase its focus on digital growth and increasing its investments in... WebNov 3, 2024 · Nasdaq-listed Cognizant Technology Solutions has introduced a one-time, ‘two merit cycles’ for calendar year 2024 (CY22) … deer valley towne center
1.2 lakh Cognizant employees resigned, CEO under siege
WebApr 10, 2024 · IT company Cognizant’s Chief People Officer Rebecca (Becky) Schmitt has stepped down from her role to pursue external opportunities. She will leave the organisation on May 5. Chief executive S Ravi Kumar had announced her departure to employees through an internal mail. Kumar said the NASDAQ-listed firm is looking at both internal … WebMay 4, 2024 · Cognizant’s troubles also hit the shares of its India-listed rivals. The top five IT companies lost about Rs 38,900 crore in market capitalisation, ending down 1-4%. The Nifty IT index ended down 1.9% at 16,092.9, recording its worst one … WebNov 12, 2024 · Cognizant lays off 6 percent of its total workforce over failed background checks. Cognizant India, an American multinational information technology services and consulting company has … deer valley ticket office hours