Cognizant Layoffs

Topics regarding layoffs at Cognizant

Retention Bonus for D+? Seriously !!!!

Have heard that there is a retention bonus for D+ folks who they think is valuable? Is it a serious thing or just a rumor? Wonder where we are going with all this !!!!

More layoffs coming

US-based IT major Cognizant will be handing pink slips to around 350 employees who draw annual remuneration between Rs 80 lakh to Rs 1.2 crore, according to a report in The Economic... —  read more 

When?

Everybody keeps saying more layoffs are to come but nobody is giving any more info on it. Do we know even roughly when it might happen? And how many will be affected?

Cognizant bench policy

FYI... As of June 2017, the following timelines are strictly followed in US -> The releasing project manager has to provide 2 week notice period to the employee before release. During which time the associate will be in “Practice Deployable Pool”... —  read more 

I really hope layoffs are minimal

Might be a great job market right now, but from what I've been seeing, that's not true for our industry. With so many layoffs all around, there are too many people applying for same jobs. Employers can pick and choose - and adjust the pay down... —  read more 

New CEO

Hoping for a new direction. So many good people bailing out.

Cognizant in talks for a new acquisition

Came across this article, and it looks like Cognizant is is in talks to acquire Softvision, an app development company, allegedly for the figure of 550 million $. My opinion is that investing into digital services is the only smart thing to do at... —  read more 

What''s in store in 2019

The attrition rate is very high but so is the intake rate. Net addition of 7500 employees in one quarter should raise some eyebrows. They are hiring left, right and centre. They'll cut around 200 senior level executives anyway. But that might not be... —  read more 

by
| 1484 views | |
Post ID: @OP+UzeNzMM

With attrition like this, no need for layoffs

I knew our attrition was high, but this is ridiculous. In the second quarter, Cognizant's attrition was over 22% which the company attributed to internal as well as external factors like increased demand for experienced IT talent... —  read more 

Olden days for Cognizant is gone

Olden days for Cognizant is gone, these RDP or Role development plan or Cognizant Career architecture or CCA whatever they call it is a bogus, only created as a switch to ensure that when uncertainty happens in industry they switch on that button and... —  read more 

Perspecta Stock Notification

Any positive or negative thoughts on this? Dear MAP Participant, As a result of DXC's upcoming spin-off of its U.S. Public Sector business into a new, publicly traded company named Perspecta, DXC stockholders will receive one share of Perspecta... —  read more 

Start a new thread - post a news comment, question or message:

: