Tag: Cognizant

The trend in employee attrition has become a major concern among the IT service providers in India. As demand for tech professionals explodes, a record number of employees are either switching organisations or are planning to.

It is no secret that the Indian IT sector led the recovery in the job market following a year-long hiring freeze due to the COVID pandemic. And it seems the buoyancy is going to continue in the second half of this financial year.

The IT sector is facing unprecedented talent crunch as the attrition rate has become one of the biggest concerns for companies.

Exciting news for the fresh graduates as many Indian and multinational companies across sectors have shown interest in stepping up hiring of freshers like never before.

One of the leaders in the IT industry, Cognizant Technology Solutions has initiated its Ninja Hiring process, a major recruitment campaign to fill up over 1 lakh vacancies. As per the official announcement, the company would be hiring 1 lakh laterals and 30,000 fresh graduates in India this year.

Bengaluru: Hundreds of Indian techies working as software engineers or providing back office services to global firms are setting up a pan-India trade union to protect their jobs amid layoffs by many IT firms, including Infosys, Wipro, Tech Mahindra and Cognizant, said a functionary of a employees forum on Tuesday. “We have already filed an application […]

It seems big IT companies are planning for drastic job cuts as soon as 2022. News agency PTI said quoting a report that domestic software firms may cut as many as 30 lakh or 3 million jobs by 2022. TCS, Infosys, Wipro, HCL, Tech Mahindra and Cognizant and others appear to be planning for a 3 million reduction in low-skilled roles by 2022, the report said.

New York: Two former high-ranking executives of the technology giant Cognizant have been charged by US prosecutors in the alleged $2 million bribery of Tamil Nadu government officials to get building permits for campus in Chennai. Separately, the Securities and Exchanges Commission (SEC) that oversees publicly traded companies fined Cognizant $25 million for the alleged […]