Which focus area in the Cognizant 2015 strategy focuses on?
Our strategy is focused on winning in select digital battlegrounds, further strengthening our relationships with key digital partners and buttressing our capabilities in digital via targeted M&As. Last quarter, you announced plans to redeploy about 5,000 out of the 10,000-12,000 employees who were being laid off.
Who owns Cognizant?
Top 10 Owners of Cognizant Technology Solutions Corp
| Stockholder | Stake | Shares owned |
|---|---|---|
| The Vanguard Group, Inc. | 7.49% | 39,351,653 |
| Dodge & Cox | 5.59% | 29,359,124 |
| BlackRock Fund Advisors | 4.84% | 25,421,636 |
| SSgA Funds Management, Inc. | 4.29% | 22,530,198 |
Is Cognizant giving Wfh?
Recently, in a statement, the consulting firm announced that it will allow its 40,000 US client services employees to work virtually. Apart from these firms, several IT companies such as TCS, Wipro, and Cognizant are offering flexible remote work choices to employees.
What is cognizant business strategy?
Cognizant’s strategy is to leverage its application and data management services strengths to enable agile workloads to help clients deliver value, Humphries said. “This will provide the foundation for a dedicated Microsoft business group within Cognizant,” he said.
Is Cognizant laying off 2021?
13,000 employees left Cognizant in 90 days; IT firm fired over 2,200 employees: Cognizant Q1 2021 results.
What are some interesting news stories about cognizant?
Cognizant was recognized as a “Leader” in 14 unique reports issued by independent analyst firms during the second quarter, highlighting our technology vision, expertise and capabilities across… The Cognizant Microsoft Business Group (MBG) has received the Microsoft Business Applications 2021/2022 Inner Circle Award (Dynamics 365).
What kind of business does Cognizant Technology solutions do?
Cognizant Technology Solutions Corp. engages in the provision of information technology, consulting, and business process outsourcing services. It operates through the following segments: Financial Services; Healthcare; Products and Resources; and Communications, Media, and Technology.
Who is the current chairman of Cognizant India?
He will also continue in his role as chairman, Cognizant India. At IBM, Nambiar was the General Manager and Global Leader for IBM’s Application Services Business. He has also served on the board of IBM India and as a member of The National Association of Software and Service Companies (NASSCOM) Executive Council while at IBM.
What is the attrition rate for Cognizant systems?
The Nasdaq-listed company reported an attrition rate of 31% in the second quarter, the highest among IT services companies in the three-month period ended June 30. Cognizant’s attrition is higher than the industry average.