January 18, 2025
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Tag: Cognizant

Cognizant CEO Ravi Kumar indulged in anticompetitive tactics and …, says Infosys in counterclaim against the company – Times of India

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Infosys has filed a counterclaim against Cognizant in a Texas court, escalating its legal dispute with the US-based IT giant. The India’s second largest software exporter accuses Cognizant and its CEO, Ravi Kumar, of employing anti-competitive tactics and misusing confidential information to hinder the development of Infosys’s healthcare platform, Helix. What Infosys’ lawsuit against Cognizant…

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Cognizant CEO Ravi Kumar on rejoining of 13,000 associates: “The mojo of the company is back” – Times of India

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Cognizant has seen nearly 13,000 employees return to the company. Ravi Kumar, the CEO of the Nasdaq-listed IT services firm, said this happened as the company recovered from its previous challenges and returned to growth and stability. Cognizant added 3,800 employees during the third quarter, a trend that its industry peers also mirrored. Despite this…

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Cognizant biased against non-Indians: US court – Times of India

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BENGALURU: Cognizant is facing a legal headwind after a US jury found the company guilty of discriminatory practices against non-Indian job applicants. According to SiliconValley.com’s report, the jury advised the court to impose punitive damages on Cognizant.TOI had reported last week that Cognizant was facing a class action lawsuit, representing approximately 2,000 former employees, that…

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Wait gets longer for IT sector employees! Appraisal and hike cycles being shifted across big IT firms – Times of India

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In recent years, salary increases have become less predictable in the IT sector. (AI image) The traditional April-June period for salary increases within many IT companies has shifted to the third quarter of the year, creating uncertainty as the process now depends on the demand outlook. In recent years, salary increases have become less predictable,…

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Cognizant is selling the building that has been its headquarters for over 20 years – Times of India

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IT major Cognizant is selling its long-standing Indian headquarters in Chennai. The property, located on Chennai’s IT Corridor in Okkiyam Thoraipakkam, includes a 15-acre land parcel and 400,000 square feet of office space. As per real estate industry estimates, the property could fetch around Rs 750 crore to Rs 800 crore to the company. The…

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Cognizant sues Infosys in the US court: Here’s what the complaint says – Times of India

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US-based software major Cognizant TriZetto has filed a lawsuit against Indian tech giant Infosys in a Texas federal court. The lawsuit filed by Cognizant alleges that Infosys has stolen trade secrets related to its healthcare insurance software. New Jersey-based Cognizant has 70% employees based out of India. Infosys has vehemently denied these allegations and has…

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After “2002 pay package” for freshers, here’s another “salary low” from Cognizant: 1% salary hikes – Times of India

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IT giant Cognizant is under fire for implementing minimal salary hikes and offering historically low starting salaries to freshers. Despite posting a quarterly profit increase, the company has drawn widespread criticism for its compensation policies.According to a report in Economic Times, Cognizant Technology Solutions is said to have handed out annual salary hikes as low…

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Cognizant trolled over job posting offering freshers Rs 2.52 lakh per annum salary: ‘Very generous,’ say netizens | – Times of India

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Cognizant, a leading American multinational IT services and consulting firm, recently found itself at the centre of social media trolling after one of its job postings went viral. The controversy began when Cognizant announced an off-campus hiring drive for the 2024 batch, offering an annual package of Rs 2.52 lakh. The job posting, which targeted…

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