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
Topics regarding layoffs at Cognizant
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%.
I am interested in the overall number of employees. Also, please share if you know how many people work at Teaneck?
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 !!!!
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
How likely is that there will be Cognizant Layoffs 2020? Any news or rumors?
Will there be any compensation provided for those who are laid off?
Why no posts here?
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?
Pune & chennai CTS have most deadwood staff - more drastic layoff needed in these locations which have reputation of xenophobia and local cartels in RMG, & HR.
This is just starting, there will be more layoffs by Cognizant... No coverage by the media, they are just happy to get advertising money from CTS. Shame.
All geos, all BUs, all levels. Will be executed in Q3 itself. Regret joining.
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
Absolutely no innovation from the Tech Companies in India. All that education is useless
Executive layoffs started today for this round in the US.
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
senior manager and lower middle managers down sizing started off in India - many are finding themselves from key meetings and indications are clear that quite huge no of senior manager,s delivery managers , heads etc will be forced out - age bracket... — read more
So, how does that affect the associates - Promotions, Hikes .. Job Safety..
Is anybody actually surprised by this? I certainly am not. Despite cost-cutting drive, Cognizant top executives got double-digit hikes in 2018... — read more
Hoping for a new direction. So many good people bailing out.
I'm glad to see that Cognizant is implementing a strategy based on what got it to the level on which it is today, growth. Not to mention that it took courage to do this, given that in today’s corporate world it’s all about the profits and the bottom... — read more
CTS should pay better, they do not pay well
Have you heard anything about potential Cognizant Layoffs in 2019?