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
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
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 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?
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
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.
Absolutely no innovation from the Tech Companies in India. All that education is useless
Executive layoffs started today for this round in the US.
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
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
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
Have you heard anything about potential Cognizant Layoffs in 2019?
Hoping for a new direction. So many good people bailing out.