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'Generative AI will revolutionise the technology services industry': Cognizant CEO

Even as macroeconomic headwinds impact customer spending in 2023, global IT solution provider Cognizant is moving forward with new generative AI and cloud projects. ....

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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 ....

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Cognizant says revenue will decline in 2023, to lay off 3500 employees

Cognizant will also give up 11 million sq feet in office space, or 80,000 seats, in large cities in India to help cut costs and boost margins, which are trending in the 15 percent range ....

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Cognizant cuts 3,500 jobs in post-COVID, hybrid work restructuring plan

Cognizant’s restructuring plan aims to cut costs, and includes the redistribution of office space throughout India. ....

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Cognizant Surprises Everyone By Announcing 3rd Salary Hike In 18 Months: 3 Lakh Employees Get Sudden Appraisal! - Trak.in

Cognizant Surprises Everyone By Announcing 3rd Salary Hike In 18 Months: 3 Lakh Employees Get Sudden Appraisal! - Trak.in
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