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Cognizant News

24 Aug 2024

Why Cognizant Sues Indian Tech Giant Infosys in US Court; Know the Reason Here

Cognizant, headquartered in New Jersey and with 70% of its employees in India, claims that Infosys unlawfully extracted data from its databases and used this information to develop and market competing software.

14 Aug 2024

Cognizant's Entry-Level Salary Sparked Controversy On Social Media; Know Why

Despite being a major player in the global IT industry, Cognizant has maintained this pay scale since 2002.

18 May 2024

IT Giant Cognizant Issues Warning For Employees: Return To Office Or Get Fired

The mandate follows similar moves by Tata Consultancy Services, Infosys, and Wipro, which also instructed their employees to return to the office in 2023.

04 Sep 2023

Cognizant Veteran Rajesh Nambiar Appointed As Nasscom Chairperson

Nambiar takes on the new role from his previous role as Vice Chairperson succeeding Anant Maheshwari, ex-President of Microsoft India and now President and CEO of Honeywell’s High Growth Region portfolio.

19 Jul 2023

Cognizant Appoints 6 Women In Top Leadership, Including 2 Indian Executives

Among the Indian women leaders, Sailaja Josyula was promoted and is now the SVP, Intuitive Operations & Automation (IOA), for the Banking, Financial Services, and Insurance (BFSI) industry for the commercial markets in North America as well as global delivery.

04 May 2023

IT Giant Cognizant To Lay Off 3,500 Employees, Or 1% Workforce Globally

Cognizant reported a 3 per cent (year-on-year) rise in its net profit to $580 million in the March quarter of FY23. The company reported revenue of $4.8 billion, which declined 0.3 per cent year-over-year, in Q1 2023.

12 Jan 2023

Cognizant appoints Ravi Kumar as Chief Executive Officer with immediate effect

Ravi Kumar S was appointed as Cognizant's CEO. His appointment is effective immediately. Humphries will serve as a special advisor to the business until March 15, 2023.

07 Nov 2022

Cognizant closes Q3 with $4.9 billion revenue

Cognizant closed the 3rd quarter with a 2.4% revenue growth. The company follows the calendar year as its accounting year. Cognizant will add 400 employees to its fold.

Infosys salary hike

20 Oct 2022

Infosys gives a salary hike upto 25% to its several top performing employees

Infosys confirms a salary hike up to 25% to some of its top performing employees. Earlier, Infosys had reported a jump of consolidated net profit of 11.1% in Q2 result. Other major Indian IT company Cognizant hikes annual compensation for its staff.

22 Feb 2022

IT biggies TCS, Infosys, Wipro, Cognizant to ask employees to work from office

Work from Home ending for employees. Flexibility of schedules for TCS employees. Infosys plans to follow a hybrid work model.

Cognizant Recruitment

05 Jan 2022

Cognizant Recruitment: IT firm is hiring fresh BCA, BSc graduates

Candidates who passed out in 2020 and 2021 are eligible for applying to the post. Cognizant is reportedly offering a starting package of Rs 2.5 lakh to candidates. Candidates shouldn't have any standing arrears in their current education.

20 Apr 2020

Maze ransomware attacks IT services company Cognizant

"Our internal security teams, supplemented by leading cyber defense firms, are actively taking steps to contain this incident. Cognizant has also engaged with the appropriate law enforcement authorities," Cognizant said.

31 Oct 2019

Facebook contractor Cognizant to cut 13,000 jobs, exit content moderation

The information technology services provider will also eliminate up to 7,000 jobs in its other units to invest in growth areas such as cloud and internet of things to cushion the impact from a decline in spending by its financial customers.

02 Aug 2019

Mindtree names former Cognizant executive Debashis Chatterjee as CEO

Mindtree has appointed named SN Subrahmanyan, CEO of Larsen & Toubro Ltd (L&T), as its non-executive vice chairman.

26 Jun 2019

Madras HC dismisses Cognizant's plea challenging Rs 2,912 cr tax

Justice K Kalyanasundaram granted liberty to the petitioner to raise all the issues before the Dispute Resolution Panel (DRP) within two weeks.

Cognizant Q3 result

01 Nov 2017

Cognizant Q3 net up 11%, eyes 9.5-10% rev growth in 2017

Cognizant has also revised its revenue growth outlook for the full year to 9.5-10 per cent (USD 14.78-14.84 billion) compared to a previous forecast of 9-10 per cent growth.

21 Aug 2017

Uber India appoints Vishpala Reddy as Chief People's Officer

With over 17 years of experience, Reddy will also focus on enhancing diversity and inclusion by developing programmes to foster an equal opportunity workplace at Uber as part of her role.

18 Aug 2017

Cognizant emerges as top recruiter across 26 of India’s top B-schools in 2017

Cognizant went past ICICI Bank and Deloitte to emerge as the top recruiter across 26 of India’s top B-schools.

29 Jun 2017

Cognizant delays salary hikes, promotions by 3 months

US-based IT firm Cognizant has delayed salary hikes and promotions for employees till October amid an uncertain business environment.

02 Jun 2017

Reports of job losses overstated, to hire 20K this year: Infosys

IT services major Infosys on Friday said it will hire 20,000 people this year as against only 400 people being asked to leave on performance grounds and termed reports of large-scale job losses as "overstated".

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