Cognizant: News
04 Mar 2024
GoogleUnionized YouTube Music employees axed during ongoing city council meeting
In a surprising turn of events, Google laid off unionized YouTube Music workers in Austin, Texas, during a city council meeting last week.
27 Dec 2023
WiproWipro sues former CFO Jatin Dalal
Wipro, a leading Indian software services company, has taken legal action against its former CFO, Jatin Dalal, in a Bengaluru civil court.
02 Nov 2023
FinanceCognizant's Q3 net profit declines 19.8% to $525 million
Cognizant has experienced a 19.8% drop in net profit for Q3, falling to $525 million from $629 million the previous year.
04 May 2023
BusinessIT 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
TechnologyCognizant'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
WiproWFH 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
FacebookIT 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 JerseyCognizant 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
United States of AmericaHC 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
IndiaI-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 NaduLayoffs 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
InfosysIT 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.
