Cognizant Technology News


Cognizant, Infosys, Wipro see fall in real estate space in a year

Hybrid work is reducing the need to maintain sprawling offices. At the same time, workforce has declined at top technology services companies too.

4 min read19 Jun 2024

Cognizant’s ex-workers are suing it for mental health harm from moderating Facebook content

This is the first time Cognizant is facing lawsuits over its Facebook contract, which ended in 2020. Significantly, almost all compare it with how tobacco firms failed to disclose the health-related problems of cigarettes in the past.

3 min read27 May 2024

Cognizant warns defiant staff: Back to office, or you may be out

In April, Cognizant Technology Solutions Corp. asked those who have not returned despite warnings to refer to earlier communications from business leaders on in-office expectations

3 min read14 May 2024

Cognizant defers annual salary hikes to August 2024 amid low demand in IT sector, says report

In 2023, Cognizant Technology listed on the US Nasdaq stock exchange and granted salary hikes to its employees in April.

1 min read7 Apr 2024

No Java, Oracle or AWS? Sorry, next student please

Just a degree doesn’t cut it anymore. TCS and Cognizant want additional skills from freshers

3 min read8 Feb 2024

Growth jitters for Cognizant in 2024

The Nasdaq-listed IT firm also expects its first quarter (January-March) revenue to decline by 3-1.5% in constant currency terms.

4 min read7 Feb 2024

Wipro lost its CFO to Cognizant. Then it lost a big client

Wipro had signed the Japanese client Takeda Pharmaceuticals 10 years ago

3 min read1 Feb 2024

Wipro sues former CFO Jatin Dalal; what we know so far

Wipro has initiated legal proceedings against its former CFO, Jatin Dalal, who has filed an application requesting arbitration.

1 min read27 Dec 2023

Cognizant net profit up 3% YoY in Q1 FY23, to sack 3,500 employees

Cognizant reported a nominal 3% YoY rise in its net profit in the March quarter of FY 23. However, the company reported a 0.3% decline in its revenue $4.8 billion in the quarter under review

1 min read4 May 2023

Cognizant CEO Brian Humphries terminated involuntarily: Report

Involuntarily terminated without cause means the dismissal of any employee due to the actions or decisions of the employer and not the employee. In this case, the employee is entitled to severance payment.

1 min read25 Apr 2023
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