ATTRITION IN COGNIZANT IS IMPACTING REVENUE

Highlights:

• Cognizant has hired 28,000 employees this year, however, the company’s attrition rate is higher compared to its Indian peers.
• Cognizant has surged in the past two quarters and has hovered in the range of 18%-24% for the past nine qua...

IT GIANT COGNIZANT TO TAKE OVER MAGENIC TECHNOLOGIES

Highlights

• According to the reports, the transaction is all set to close in the first quarter of 2021, though the financial details of this deal were not revealed

• This acquisition will help in expansion of Cognizant's software product engineering presence and...

COGNIZANT INDIA CMD RAMKUMAR RAMAMOORTHY DECIDES TO RETIRE

Highlights

• Chairman and Managing Director of Cognizant India, Ramkumar Ramamoorthy served the company for 23 years and had numerous contributions to the company said CEO Brian Humphries

• Cognizant's global delivery head Pradeep Shilige has also decided to step...

UNEMPLOYMENT: THE NEXT BIG CRISIS IN INDIA’S IT SECTOR

Highlights

• According to the sources, IBM Corp will be sacking 2,000 employees from India

• The decline in demand and non-performance are the reasons cited by the Indian IT companies

• Cognizant Technology Solutions had previously fired thousands of i...

HOW WORK FROM HOME DOESN’T WORK FOR REAL ESTATE MARKET

Highlights

• India’s leading companies including Deloitte, PwC, KPMG, EY, Cognizant and Accenture considering to let go half-a-million sq ft

• Companies are stating that as social distancing guidelines are not practical, they will encourage most of their employ...

Content moderation is still a hot business

Most of the bigwig technology services companies as well as their boutique counterparts are taking content moderation business a bit seriously. As per the analysis. A business which was on the verge of extinction, is now in demand again. Recently, Cognizant, the IT services provider explained tha...

The Rise in the Advanced Technological group

There has been a constant rise as well as the amount of deal which has been signed with Cognizant group which it bought and advanced technology group for and amount which is not disclosed in front of the media now it has been speculated that it is planning to expand its current Consulting capabil...