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: Oct 2020
150-200K IT/ITeS people are likely to lose their jobs
Coronavirus

150-200K IT/ITeS people are likely to lose their jobs

At least 150 to 200K IT/ITeS employees are likely to lose their jobs over the next few quarters due to Covid-19 At least 150,000 to 200,000 IT/ITeS employees are likely to lose their jobs over the next few quarters due to Covid-19, Business Standard reports. The Indian IT and BPM sector employs around 4.4 million people, directly […]

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Cognizant to acquire Tin Roof Software
Merger & Acquisition

Cognizant to acquire Tin Roof Software

Cognizant to acquire Tin Roof Software to expand digital engineering services Cognizant has entered into an agreement to acquire Tin Roof Software, privately-held custom software, and digital product development services company headquartered in Atlanta, Georgia. Tin Roof specializes in innovative digital products that allow companies to improve customer experiences and increase revenue. The acquisition will expand Cognizant’s software […]

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Cognizant completes acquisition of New Signature
Merger & Acquisition

Cognizant completes acquisition of New Signature

Cognizant Completes Acquisition of New Signature, a Leader in Cloud-Native Business Transformation On August 18, 2020, Cognizant has completed the previously announced acquisition of New Signature, expanding Cognizant’s hyperscale cloud advisory services. New Signature is an award-winning Microsoft Partner exclusively focused on Microsoft technologies, with an integrated offering across all three of Microsoft’s business clouds: […]

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Cognizant to resume a single promotion cycle from Oct 1
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 […]

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MongoDB appoints Harsha Jalihal as Chief People Officer
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, […]

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Cognizant has made 5 digital-based acquisitions this year
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, […]

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Cognizant losses 10,500 employees b/w Apr-Jun 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 […]

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Cognizant to Acquire New Signature
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 […]

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

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Cognizant faces legal action from IT Union over layoffs
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 […]

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Cognizant started laying off bench employees
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 […]

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