Cognizant: News

04 May 2023


IT giant Cognizant to fire 3,500 employees over 2 years

IT services giant Cognizant has announced its plan to fire 3,500 employees over two years. The decision is aimed at reducing the company's costs amid a tough macroeconomic climate.

25 Apr 2023


Cognizant's ex-CEO Brian Humphries was laid off without cause

Brian Humphries stepped down as Cognizant CEO in January this year. Although there were speculations about the company firing him, Cognizant did not make any statements then.

04 Mar 2022


WFH ends; What Cognizant, TCS, HCL, and others have planned

When the COVID-19 pandemic hit in 2020, work from home or WFH became a more common model for employees in the formal sector.

19 Apr 2020


IT giant Cognizant suffers from 'Maze' ransomware attack: Details here

Cognizant, one of the largest tech and consulting companies in the world, has been hit by a major ransomware attack.

06 Sep 2019

New Jersey

Cognizant CEO plans downsizing; may cut jobs in October

Cognizant Technologies CEO Brian Humphries has disclosed that the US-based IT services firm would soon witness a slew of job cuts.

04 Apr 2018

JP Morgan

HC partially unfreezes Cognizant's bank-accounts, orders payment of Rs. 420cr

A week after freezing bank accounts of Cognizant Technology Solutions in a Rs. 2,500cr tax-evasion case, the Madras HC has asked it to pay 15% (Rs. 420cr) to I-T in two days.

28 Mar 2018


I-T freezes Cognizant's bank accounts over Rs. 2,500cr tax evasion

The Income Tax (I-T) department has frozen some bank accounts of Cognizant Technology Solutions India P Ltd over alleged tax evasion to the tune of Rs. 2,500cr.

12 May 2017

Tamil Nadu

Layoffs in IT sector- Time for trade unions?

The recent layoffs within the IT industry have made employees wary of their job security and now a faction of the disgruntled workers have filed a petition against the IT firms via The Forum for IT employees (FITE).

12 May 2017


IT industry is in disarray, as layoff panic hits employees

The IT sector is currently going through a retrenchment drive to let go of "underperformers", an exercise which would result in 56,000 engineers losing their jobs, according to Mint.