Cognizant

Cognizant | May 07, 2019

Cognizant, the US-based IT services company, is expected to lay off a significant number of its employees, most of them in India. It is reported that the Company’s headcount had grown more than its revenue. Its revenue growth in the past two quarters had been a lot lesser than expected. To cut costs, the Company, had even given voluntary separation packages to about 400 senior executives in 2017. The next round of job cuts is expected to affect more people and that too across levels, inclu...

Cognizant | August 04, 2020

Everest Group. Cognizant's strong industry presence, domain expertise and partnership strategy aimed at expanding its capabilities to the digital healthcare provider market were highlighted as key contributors to its leadership. The report evaluated 22 global IT providers that enable digital healthcare services, a substantially growing market with renewed focus on patient engagement, case management, coding and treatment. As the global pandemic impacts the healthcare ecosystem, telehealth an...

Cognizant | July 29, 2020

Cognizant Technology Solutions Corporation (Nasdaq: CTSH), one of the world's leading professional services companies, today announced that Jan Siegmund will be appointed Chief Financial Officer, effective September 1, 2020. Siegmund most recently served as CFO of Automatic Data Processing ("ADP"), a leading global human capital management technology and service provider. He will succeed Karen McLoughlin, who will continue in the CFO role through August 31, 2020, and will rem...

HR PRACTICE,HR STRATEGY

OneSource Virtual and Cognizant | November 03, 2022

Cognizant (NASDAQ: CTSH) has entered into an agreement to acquire the professional services and application management practices of OneSource Virtual, a Workday partner based in Dallas, Texas. Acquiring these practices will complement Cognizant's existing finance and HR advisory implementation services with Workday, expanding capabilities in consulting, deployment, and post-deployment support across North America and the United Kingdom. "Adoption and migrati...