heard big time layoff is happening at cognizant..its all over the web..how big is it
18000 benched? Mostly outside US I believe
It's basically 5% of headcount
18000 people make only 5% of headcount!!! Goodness, how big is this company
Yeah as per Google search their headcount is 2,91,700.
Service industry as important as product industry. Every company can not afford tech force.
Why does Apple has infosys and tcs as its software services vendors?
Only few Services companies are firing employees now and Cognizant is taking advantage of COVID and it is happening across the board from Trainee who has joined 1 year ago to VP /SVP...mostly in US and India geographies.
Wow, hopefully not US.
It is in USA as well
UK ?
Heard one of my ex-colleague from cognizant got fired last week. This is in USA.
Do you know if they were on the Bench?
Yes he is on bench. They didn’t terminate him yet but told him he won’t be allowed to look for new projects and he’ll have to move out. When his bench period is over he’ll be removed as per their bench policy, they’ll mostly ask him to resign on his own.
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