Cognizant: News

08 Oct 2024

Lawsuits

Cognizant found guilty of discriminating against non-Indian workers in US

Cognizant has been found guilty by a US jury for discriminatory practices against non-Indian employees.

Cognizant sues Infosys over alleged theft of trade secrets

Cognizant, a leading information technology (IT) firm, has filed a lawsuit against Infosys in a US federal court.

18 Aug 2024

Social Media

After backlash, Cognizant clarifies ₹2.5 lakh salary offer for freshers

Cognizant, a leading IT company, has clarified its stance on the recent social media controversy surrounding an annual salary offer of ₹2.52 lakh for freshers.

14 May 2024

Infosys

Cognizant issues termination threat to employees defying return-to-office directive

Cognizant, a leading IT firm listed on NASDAQ, has reportedly issued a severe warning to its employees.

04 Mar 2024

Google

Unionized YouTube Music employees axed during ongoing city council meeting

In a surprising turn of events, Google laid off unionized YouTube Music workers in Austin, Texas, during a city council meeting last week.

27 Dec 2023

Wipro

Wipro sues former CFO Jatin Dalal

Wipro, a leading Indian software services company, has taken legal action against its former CFO, Jatin Dalal, in a Bengaluru civil court.

02 Nov 2023

Finance

Cognizant's Q3 net profit declines 19.8% to $525 million

Cognizant has experienced a 19.8% drop in net profit for Q3, falling to $525 million from $629 million the previous year.

04 May 2023

Business

IT giant Cognizant to fire 3,500 employees over 2 years

IT services giant Cognizant has announced its plan to fire 3,500 employees over two years. The decision is aimed at reducing the company's costs amid a tough macroeconomic climate.

25 Apr 2023

Technology

Cognizant's ex-CEO Brian Humphries was laid off without cause

Brian Humphries stepped down as Cognizant CEO in January this year. Although there were speculations about the company firing him, Cognizant did not make any statements then.

04 Mar 2022

Wipro

WFH ends; What Cognizant, TCS, HCL, and others have planned

When the COVID-19 pandemic hit in 2020, work from home or WFH became a more common model for employees in the formal sector.

19 Apr 2020

Facebook

IT giant Cognizant suffers from 'Maze' ransomware attack: Details here

Cognizant, one of the largest tech and consulting companies in the world, has been hit by a major ransomware attack.

06 Sep 2019

New Jersey

Cognizant CEO plans downsizing; may cut jobs in October

Cognizant Technologies CEO Brian Humphries has disclosed that the US-based IT services firm would soon witness a slew of job cuts.

04 Apr 2018

Companies Act

HC partially unfreezes Cognizant's bank-accounts, orders payment of Rs. 420cr

A week after freezing bank accounts of Cognizant Technology Solutions in a Rs. 2,500cr tax-evasion case, the Madras HC has asked it to pay 15% (Rs. 420cr) to I-T in two days.

28 Mar 2018

India

I-T freezes Cognizant's bank accounts over Rs. 2,500cr tax evasion

The Income Tax (I-T) department has frozen some bank accounts of Cognizant Technology Solutions India P Ltd over alleged tax evasion to the tune of Rs. 2,500cr.

12 May 2017

Tamil Nadu

Layoffs in IT sector- Time for trade unions?

The recent layoffs within the IT industry have made employees wary of their job security and now a faction of the disgruntled workers have filed a petition against the IT firms via The Forum for IT employees (FITE).

12 May 2017

Infosys

IT industry is in disarray, as layoff panic hits employees

The IT sector is currently going through a retrenchment drive to let go of "underperformers", an exercise which would result in 56,000 engineers losing their jobs, according to Mint.