Mass layoff at CTS.very high attrition rate.8+ experience guys are systematically target. There is news surfacing of massive layoff across the location
Topics regarding layoffs at Cognizant
was moved quess corp a few weeks ago now on bench at quess corp HR at quess corp threatening me to leave or face career issues they dont pay even notice money. beware it is trap - it is the new layoff process.
folks moved to quess copr will be fired in 3 months time by quess corp as part of package deal an dquess will manage (thro birbes and goondas and political support) the layoff and silence the any protest by employee or fite
Cognizant HR forcing employees to join their vendor consultacy Quess Corp or threaten to terminate associates,the process started with HR calling Associates from last couple of weeks
recruitment corruption - data in profiles thro direct uploads to career portal deleted(after leaking to consultants) Personal data for sale by HR teams - Money for job scheme thriving - HR and external agencies hand on glove bleeding the company and... read more
HR calling Associates in Chennai,Coimbatore and other locations and forcing Associates to resign/leave,another round of layoff in cognizant started
layoff restarted in Hyderabad - 10 people asked to leave today
Things are not improving and we might see job cuts in Teaneck.
The whole industry is slowing down, big time. Not sure what's happening and how Cognizant will be affected - the fact is, it's uncertain and it may get worse before it gets better. India is hurting big time, just because we are so big and there are... read more
Still no update on salary increase. This was already delayed till October yet no update as of 3rd October.
Daily layoff of min 10-50 people per location is very much going on. This is not the first place I've seen something like this written, but I am yet to hear anything about it outside rumors. If Cognizant was letting go of this many people, even if it... read more
Here is one a bit more cheerful - 75 will be hired by Cognizant in Tampa. http://www.tampabay.com/news/business/economicdevelopment/texas-based-cognizant-technology-solutions-adds-75-jobs-to-tampa/2336349
How much bench time is tolerated by Cognizant - for example, if I am on the bench more than 4 weeks am I going to be laid off?
All groups will be impacted process already started, based on lessons learnt from this year and best practices imported from tech maheendra, false evidence being gathered against each targeted person to implicate person as non performer(by hook or... read more
Do you think the rumor about mass layoffs at Cognizant in 2018 are true? If yes, what groups and locations will be affected in 2018. Also, aside from Cognizant - are other tech firms in India going to be having layoffs and if yes, what firms?
company struggling to create positive work environment - in te hwak of scandalous and unethical layoff - but no luck. No one is able to trust their managers even managers not able to trust higher managers for anything. Any simple technical query to... read more
Are there layoffs scheduled to happen by end of September after announcement of Q3 results?
to subvert careers of laid off seniors an prevent them from getting jobs after re-skilling - 6-8 exp limit being imposed for lateral hires by nasscom Indai affiliated companies. Diabolic plans to limit individuals freedom and right to livelihood Time... read more
Hello All - I have been working in Cognizant for the last 18k years and I feel I should put forward a few eye-witnessed incidents, facts, perceptions and decisions taken by the leadership which has made the company change it’s character over the... read more
which firm started forced resignation practice in india - read here https://www.thelayoff.com/t/OOkEYqa
This is how the game is played here in Bangalore: First let as group of freshers age for long time on bench (post training) and arrange counseling - by asking why u are not getting into any project- then they are pushed into BAD-PROJECT-NO-1 with... read more
Atleast cognizant share price has zoomed by up 40% over last two quarters. Probably the only It compnay whose share price appreciated so sharply after shedding staff. No other Indian based or US based IT player's share price had such positive effect... read more
As the layoff buzz in the IT industry comes to a steady halt with the second quarter coming to an end, companies which are experiencing high attrition rate are now learnt to be on a cost optimisation spree to cut operational costs, including pay cuts... read more
Layoff disguised as attrition thro Forced Resignations Are Becoming Common in Pune's IT Sector. http://www.news18.com/news/india/forced-resignations-are-becoming-common-in-punes-it-sector-1464893.html
http://www.news18.com/news/india/forced-resignations-are-becoming-common-in-punes-it-sector-1464893.html Forced Resignations Are Becoming Common in Pune's IT Sector Many IT professionals said that due to fear of media exposure, the HR personnel had... read more
Are layoff happening? I have not seen anybody getting fired. All this looks to be rumors and media creation.
Do you know what the official Cognizant policy on rehiring people is. I was laid off in 2016 here in the States, and I found a position that's currently open and it may be a perfect fit for me. Any suggestions would be greatly appreciated - even... read more
During the recent months,we have seen the way HR managers behaving badly with IT employees forcing them to resign or threatening them of termination,Has the time come to close HR depts in IT companies who do not know anything about Human resources or... read more
I have been asked to move back to India terming as Junior resource though I am Senior Associate and onsite hire.
IT companies must understand that in the face of forced resignations - image of employee in job market also equally important and valuable as company's image. To avoid admitting failure in management layers companies are resorting to forced... read more
Layoffs and forced resignations the false label of being highly paid hurting IT Pros. IT pros salary levels have stagnated for more than decade and are far below the level in finance and manufacturing sector. Considering the high risk of knowledge... read more
Anyone aware of what will happen when BD acquire Bard in September? Heard a rumour that HCL will be taking over the existing contract?
M+ level resources are struggling to get good job offers from market due to bad press and fears that they may be coming under underperformer category . CTS has really sealed the fate of these people 😊
Director level and above were offered voluntary separation last month. Seems like now a similar retirement option will be offered to AD and SM level managers. Is this news true?
Internal Recruiters and HR in collusion with outside head hunters, placement agencies and brokers have make hundreds of crores money for candidate referral. This has led huge loss to cts as hundreds of crores siphoned off. Employee referral and... read more
There are strong rumors that Frank may step down very soon , any one has any insight
Has Cognizant temporarily stopped layoff/forced resignatilns due to litigations and several complaints with Labour department across India?
Is anyone aware of the current situation at Cognizant. When / Are they going to stop? Or they want everyone to work with a sword hanging on the necks.