Search Results for: Cognizant

It's official: Cognizant CEO announces job cuts by October end

Notably, since he took over as Cognizant's CEO in April, his main focus has been on the company's cost competitiveness.

Sep 6, 2019

Cognizant plans another round of layoff, defers campus hiring

Additionally, the New Jersey-based company is also delaying the joining date of the freshers and other new employees hired

Aug 16, 2019

Race for Mindtree top job heats up; L&T vows no interference amid staff worries

Cognizant former executives lead the race for Mindtree top job as company share hits a 52-week low on NSE; second-rung leadership worried about the firm's future.

Jul 9, 2019

Infosys pays salary hike to 15% senior employees after 3-month delay

Not everyone received the increment. Sources said that delivery managers and other senior executives have received a three–five per cent hike while many others were deferred.

Jul 4, 2019

Apple cuts ties with L&T Infotech over mistrust in documentation, procedural lapses

USCIS and Apple have both denied giving any information about the proceedings on the issue.

Jul 4, 2019

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Growth, consolidation, or diversification? L&T's Mindtree CEO selection strategy

Although L&T has shortlisted three candidates to replace Rostow Ravanan as chief executive of newly acquired IT services firm, the final selection will show the engineering giant's plans for Mindtree.

Jun 30, 2019

Hotels, firms cut back on water use as taps run dry in Chennai

Chennai is one of 21 cities that a government think-tank warned last year could run out of groundwater by 2020.

Jun 20, 2019

Cognizant acquires Irish company Zenith to boost presence in life sciences sector

Zenith Technologies is a leader in creating software systems used in the supply of vital treatments to patients worldwide.

Jun 19, 2019

IBM slashes 2,000 employees in US amid major restructuring plan

The growing trend of artificial intelligence (AI) and machine learning (ML) is resulting in massive job cuts. The boom of technological advancements is bringing more unemployment to society.

Jun 9, 2019

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More layoffs in IT sector? Cognizant likely to fire 300 top executives

The IT companies are looking at hiring young executives who are trained in areas such as AI, ML and cloud computing.

May 27, 2019

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IBM sacks 300 employees from services dept; may hire talent in automation, machine learning

The job cuts in the IT industry are imminent in the wake of emerging technologies such as AI, cloud computing and ML making their mark.

May 15, 2019

Cognizant's focus shift to banking and financial services to affect Indian staff most

70% of US-based IT services company's 281,600 employees are in India; CEO talks of employee pyramid optimisation as revenue growth slows

May 7, 2019

MG Motors iSMART technology in Hector SUV

MG Motor's Hector plays 'iSMART' card to trump rivals from Tata, Jeep, Hyundai in India

MG Hector SUV's debut in India next month will send a wave of disruption in the Indian mid-size SUV market.

Apr 4, 2019

Indian techies to get double-digit salary hike in 2019?

The NASSCOM said that top performers in IT companies may even get a 20 per cent salary hike.

Feb 14, 2019

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Indian IT industry hired over 1 lakh engineers in 2018 - four times more than 2017

The $167 billion IT services industry in India has a workforce of 3.7 million people.

Feb 11, 2019

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