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Cognizant layoff plea closed in favour of sacked staff: Govt

The Cognizant layoff case has been closed in favour of employees and the company has been asked to hold talks one-on-one to resolve the issue.
Zee News Also reported by •DNADeccan Herald

Sad over recent IT layoffs, says Narayana Murthy

Founder Chairman of Infosys N R Narayana Murthy today expressed sadness over the IT companies laying off their employees as part of their cost cutting strategy. "...It is sad...," Murthy told in an..
Deccan Herald

Employee separation offer 1st time in India, US: Cognizant

Under fire for its 'employee separation package', IT firm Cognizant has said the company has offered it in India and the US for the first time, unlike its peers who keep taking such steps regularly.
Zee News Also reported by •DNA

Cognizant President Rajeev Mehta writes to employees, assuages layoff concerns

Cognizant President Rajeev Mehta has written to employees to address concerns over reports of massive layoffs at the company.Reports suggest that over 6,000 employees in India have lost jobs even as..

IT workers' forum to intensify protest

IT workers' unions have decided to intensify their protest against anti-employee measures of companies by holding protest marches in selected cities soon. The Forum for Information Technology..
Deccan Herald

Cognizant makes it difficult to get green cards


Indian techies forming union to protect jobs amid layoffs

Hundreds of Indian techies working as software engineers or providing back office services to global firms are setting up a pan-India trade union to protect their jobs amid layoffs by many IT firms,..
Zee News

Software giant Cognizant opens second centre in Brazil at Sao Paulo

The announcement comes at a time when the US-based company rolled out a voluntary separation programme for directors, associate VPs and senior VPs, offering them 6-9 months of salary.

Kashmir dispute, religious strife 'risks' to India investment

A number of large foreign funds, managing trillions of dollars of investor assets globally, have flagged persisting religious conflicts and Kashmir dispute as potential risks to their investments in..
Deccan Herald

Cognizant lay-offs: IT workers' union to approach Bengaluru labour commision over 'illegal terminations'

FITE is a representative body of employees working in IT companies and call centres.

FITE against Cognizant layoffs shifts to Bengaluru

After Chennai and Hyderabad, IT workers' union FITE has now decided to approach the labour commission in Bengaluru to submit a petition to stop the alleged "illegal terminations" happening at..
Zee News Also reported by •DNADeccan Herald

IT sector is 'robust', lay-offs not unusual: Centre

The government sought to allay fears of large scale layoffs by tech firms in India saying the IT sector remains "robust" and is, in fact, moving beyond plain-vanilla back office services to highly..

No large-scale job cuts, says IT secy

Amid apprehensions of job cuts in the Indian IT sector, the Centre on Tuesday said that the industry has assured the government that there will be no large-scale job losses. "Some of the companies..
Deccan Herald

IT industry growing at 8-9%, will continue to hire: Govt

The government said on Tuesday, IT industry has assured it that there will be no large scale job losses in the technology sector which continues to demonstrate 8-9% growth. IT Secretary Aruna..

Not correct to assume IT industry going for big job cuts: Govt

The government today said IT industry has assured it that there will be no large scale job losses in the technology sector which continues to demonstrate 8-9 per cent growth. IT Secretary Aruna..
Deccan Herald

Tata Consultancy Services to commence Rs 16,000-crore share buyback offer

India's largest software services firm Tata Consultancy Services (TCS) will commence its Rs 16,000-crore mega buyback offer from May 18. The buyback programme, which received shareholder approval..

Layoffs in IT sector may continue for 1-2 years, say experts

As digitisation and automation become the new normal, IT biggies like Infosys, Cognizant and Tech Mahindra are seeing a spate of layoffs and this trend may continue for the next 1-2 years, say experts.
India Today Also reported by •Deccan HeraldZee News

Nasscom says no mass layoffs

Nasscom, the apex body of the Indian IT industry, has completely defied fears of mass layoffs in the sector, and claims that the industry is a net hirer in the country with over 1.5 lakh people being..
Deccan Herald

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