Got the eletters and see the bonus amounts credited finally. Will attrition stay at same numbers or increase ?
Topics regarding layoffs at Cognizant
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
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
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
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
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.
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 .
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
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?
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
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
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
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.
Seems like H1-b pressure is building and it is becoming difficult to justify and accommodate especially with corona and the computer attack.
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
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.
Why Cognizant I's entertaining managers . irrespective of their bucket they should be laid off .what value there are adding ?
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
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.
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
Hi Cognizant folks, please share any news you have about layoffs at Cognizant due to Covid-19. Thank you!
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
They should also look at the managers and seniors who are biased towards for private consulting companies
Massive layout planned for across geography at CTS. This is part of their cost cutting and restructuring measure. By 2nd quarter, they are targeting to reduce headcount by another 5 percent at least.
Email today from CEO says that incentive pay will be significantly less than 100%.
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
What do you see happening next here?
I am interested in the overall number of employees. Also, please share if you know how many people work at Teaneck?
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
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 !!!!
How likely is that there will be Cognizant Layoffs 2020? Any news or rumors?
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?
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