Cognizant: HR News, Trends & Workplace Insights

Latest Cognizant HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Cognizant.

Updated on: Sep 2020

Industry

Cognizant to acquire cloud specialist firm th Magnitude

Sep 3, 2020

-K ITITeS people are likely to lose their jobs

At least to K ITITeS employees are likely to lose their jobs over the next few quarters due ...

Coronavirus

Aug 31, 2020

-K ITITeS people are likely to lose their jobs

Cognizant to acquire Tin Roof Software

Cognizant to acquire Tin Roof Software to expand digital engineering services Cognizant has entered ...

Merger & Acquisition

Aug 26, 2020

Cognizant completes acquisition of New Signature

Cognizant Completes Acquisition of New Signature, a Leader in Cloud-Native Business Transformation O...

Merger & Acquisition

Aug 20, 2020

Cognizant completes acquisition of New Signature

Jobs

Cognizant to resume a single promotion cycle from Oct 1

Cognizant to resume a single promotion cycle from October 1 for all levels Teaneck headquartered IT Major, Cognizant which has two promotions cycles – March and October, has confirmed to resume a single promotion cycle from October 1 for all levels. According to the Moneycontrol report, Becky Schmitt, Chief People Officer of Cognizant, said in […]

Aug 12, 2020

CHRO Move

MongoDB appoints Harsha Jalihal as Chief People Officer

MongoDB appoints, former VP HR of Unilever Harsha Jalihal as Chief People Officer NASDAQ listed, MongoDB Inc. the leading, modern general-purpose database platform, announced the appointment of Harsha Jalihal as Chief People Officer. In her new role, Jalihal will oversee the company’s human resources operations globally, supporting 2,100+ people in 29 countries. She will lead workforce strategy, […]

Aug 4, 2020

Merger & Acquisition

Cognizant has made 5 digital-based acquisitions this year

Cognizant Technology Solutions has made 5 digital-based acquisitions till now this year US-based IT services major Cognizant Technology Solutions is betting on M&A as a strategy to build its digital business, as already announced earlier in May, 2020. According to the Mint report, the company has successfully done five digital-based acquisitions till now this year, […]

Aug 3, 2020

Coronavirus

Cognizant losses 10,500 employees b/w Apr-Jun 2020

Cognizant losses 10,500 employees during the April-June quarter, as part of its strategy to reduce costs and fund investments for growth Amid COVID-19 crisis, IT major Cognizant has recently announced its results for the April-June quarter, and they revealed that the company’s headcount had reduced by 10,500 people in the quarter. While in the previous quarter […]

Jul 31, 2020

Industry

Cognizant to Acquire New Signature

Cognizant to Acquire New Signature, a Leader in Cloud-Native Business Transformation Cognizant has announced that it has entered into an agreement to acquire New Signature, one of the world’s largest independent Microsoft public cloud transformation specialists. The transaction is expected to close in the third quarter of 2020, subject to regulatory clearance and other closing conditions. Financial […]

Jul 29, 2020

Coronavirus

Tamil Nadu relaxes norms, 10% IT staff can work from office

Tamil Nadu government on Wednesday relaxed a few norms for the intensified lockdown that is coming into force in Chennai from Friday. The Tamil Nadu Government has also acceded to the demand from the IT industry and allowed up to 10% of its employees to work from the office. This development will benefit large IT […]

Jul 10, 2020

Jobs

Cognizant faces legal action from IT Union over layoffs

Cognizant faces legal action from IT Union, KITU over layoffs of bench employees Karnataka State IT/ITeS Employees Union, KITU (the first registered IT union in Karnataka) said it had opened a Help Desk to support the affected employees of Cognizant and initiated the legal action after receiving complaints from dozens of technology workers who had […]

Jul 3, 2020

Survey & Report

How TCS, Infosys, HCL will be impacted by H-1B Visa hold

How TCS, Infosys, HCL will be impacted by H-1B Visa Hold- Report

Jun 29, 2020

Coronavirus

Cognizant started laying off bench employees

Cognizant started laying off bench employees, the number could reach up to 18,000 employees Cognizant has started terminating its bench employees, the process is simple– move to the bench and induced resignation after 41 days. Moneycontrol also reports, the terminations are happening at the associate level, mostly mid-level employees, and above, those employees who are […]

Jun 25, 2020

Jobs

Cognizant to pay $5.7m in the class-action suit

Cognizant has agreed to pay $5.7 million compensation to former employees for underpaid overtime hours IT giant Cognizant has agreed to pay its former employees $5.7 million to compensate them for unpaid overtime hours after they reached a class-action settlement agreement. According to a report in the Times of India, Cognizant’s former employee Debi Mishra and other […]

Jun 4, 2020

Industry

More VP and SVP levels exit at Cognizant

IT Major Cognizant is seeing another churn among senior executives. Several senior vice-presidents (SVPs) and vice-presidents (VPs) have resigned recently from the company. According to the TOI report, among these are Jaideep Poondir, SVP in the banking and financial services vertical, Rajesh Balaji, SVP, and delivery head of enterprise application services practice, and Vinayambika Kidiyur, […]

May 15, 2020

Coronavirus

Cognizant has deferred joining dates of all campus offers

According to a Mint report, Cognizant Technology Solutions Corp has deferred joining dates of all campus offers and also planning to freeze most of its lateral hirings except in sales roles. However, the company has said that it will honour all outstanding accepted offers made to students across India to the latter half of the […]

May 13, 2020