TheLayoff.com See alerts about threads you Follow Thread regarding HCSC (Health Care Service Corporation) layoffs B-ms! HCSC sold their TMG Health division to Cognizant. They still are all tied together and they are b-ms. They discriminated... — read more
I gave my 2-week notice yesterday. Coworkers made comments that I should “take it easy” and “enjoy the ride” for the remainder of my time. I took that to mean slack off. Unfortunately, I have too much integrity and value my work ethics to allow... — read more
In the Jan to March quarter of the financial year 2021, the attrition rate at Cognizant is at an all time high, at 21%, which was 19% in the same quarter last year. Excerpt from the article:... — read more
Got the eletters and see the bonus amounts credited finally. Will attrition stay at same numbers or increase ?
So, Cognizant now has the Apple contract in Austin. They told all the existing contract staff that the salaries would remain the same, and now are telling people that they are cutting them by 15%, and that Health Insurance will be more competitive... — read more
Almost all the colleagues I enjoyed working with went to some other company. The best people are still leaving. I’m just worried about what all these changes will bring to this company. I understand that the best people are expensive for the company... — read more
Is it a bait to boot people out after they show offer letters? Source (Sidekick) : https://timesofindia.indiatimes.com/business/india-business/cognizant-attrition-rate-up-1-2-lakh-employees-have-left-in-last-2-years/articleshow/80719442.cms — read more
At first I thought that I was exaggerating things and convinced myself that it wasn’t much better in other places either and that I wouldn’t be much happier somewhere else because there is hardly an ideal job where everything is great for an... — read more
There are so many areas that are bleeding money while contributing very little. Everybody knows this, yet nothing is being done about it. Instead, when there are layoffs, people with most experience who do the most around here are always among those... — read more
I got an offer and HR offered SA role for a project with US based client. Wondering whether I join this or any other permanent role (they offer less of course). Please advise
If the economy turns around, do you anticipate any Cognizant Layoffs 2021? Any news or rumors?
What’s the new initiative at Cognizant by the name Merit Increase? Is that an eye wash for the non-promotees? They also said there will be more promotions than last few years.
In the name of Business continuity, Cognizant Management keeping their sanity aside, trading their Onsite employees with Client for more offshoring with better rate. This is utter shameful act of NDA breach. Yet, the Managers chants the B.S. -... — read more
Hi Guys, Hope this will help at least some of you.. GCholder worked with CTS for 1year ..got 4th rating for 4 months of performance (not sure what basis I got this) terminated from a billable project. They are offering 8 weeks of pay along with 4... — read more
Many Accenture wipro Infosys folks at end of 6 years h1b will join Cognizant for the sake of green card .Cognizant will shamelessly hire them with six digit salary and will lay off senior Cognizant employees .
I am writing post because I am feeling victims and no one listening the things. I had join Cognizant 3 years back and in first 2 years as manger I had got bucket 2. After that my H1b visa approve I had changed project. After 2 months worked in... — read more
I am in JPMC account with AWM LOB. I am hearing many Full time employees in CCB and CB have been given 45 notices. Is there any news if the are touching contractors?
Upper management comes to onsite on h1b/L1 file the green card on EB1 .within a year gets green card and then leave the company . To go on the top ladder of the management you should be relative of some manager or HR .They used all loop holes in the... — read more
Most of the managers gets perks from third party vendors and they layoff the internal staff.All projects will be handled by third party vendors.Its happening across all cognizant.
Cognizant terms massive layoffs as 'performance management' Amidst a furore over mass layoffs at its offices in India, Cognizant said it was undertaking normal performance management and refuted the job cut numbers being reported. IT services... — read more
Cognizant should rethink their GC policy that is prima reason for layoffs and flodding of the GC in the market
Why Cognizant I's entertaining managers . irrespective of their bucket they should be laid off .what value there are adding ?
Our team is less focus on client work now and more focused on getting in touch with cognizant managers to find out about future growth and some even started applyin.
Seems like H1-b pressure is building and it is becoming difficult to justify and accommodate especially with corona and the computer attack.
Cognizant has started the process to Cutdown US employees, can’t share for certain how many folks got impacted but folks with “Meets some expectation” have been letgo from my team. Not sure any h1b got impacted.
Major layoff underway in India - process simple move to bench and induced resignation after 40 days. If manager fails to identify enough people to move to bench - manager will be automatically asked to leave . short term target to reduce around... — read more
MUMBAI: IT services provider Cognizant will further streamline costs in its core legacy business, its chief financial officer has said. Karen McLoughlin, speaking at a Bernstein conference last week, also said rival TCSNSE -2.07 % managed costs... — read more
They should also look at the managers and seniors who are biased towards for private consulting companies
Is Cognizant likely to layoff globally for Covid? Also, is it legal to have many bench members who are not assigned to a particular project for half a year, for two years? They are getting a salary when they are not working. Are they eligible for... — read more
Ruthless layoff ... u r in trouble if you are in the 4th bucket even if billable. With Covid as cover noone will question. sly ceo and crooked hr head want to utilize this opportunity to accomplish their agenda ... while sweet talking how they stand... — read more
Well, if we didn't have layoffs before, we're sure about to have them now. Talk about the worst possible timing to get hit by ransomware. Whether the higher-ups decide to pay or not, these things always end up costing the company in the end - in... — read more
Hi Cognizant folks, please share any news you have about layoffs at Cognizant due to Covid-19. Thank you!
What do you see happening next here?
Several let go, many others looking to leave as quick as possible.
Email today from CEO says that incentive pay will be significantly less than 100%.