After a slew of top level exits, Cognizant eyes internal talent to be next leaders
Since Humphries took over as CEO in April last, Cognizant has seen over two dozen senior executives quit, including its India chairman and managing director Ramkumar Ramamoorthy and head of global delivery Pradeep Shilige, sparking criticism among employees. He has also cut costs by reducing the workforce by as much as 12,000 people.
Accenture to lay off 25,000 employees, thousands of Indians set to lose jobs
A report in the Australian Financial Review first reported this,...
Sanjeev Vohra named global lead of Accenture Applied Intelligence
In this role he also joins the company’s GMC. Accenture’s Applied Intellige...
IT companies step up reskilling of employees as they prepare for post-pandemic scenario
Companies such as Infosys, Wipro, Accenture, Zensar Technologies, among others, have embarked on a massive upskilling drive to make sure their workforce in India is ready for the next-level jobs.
IT, BPM companies see a sharp rise in digital transformation deals
With the pandemic impacting all aspects of life, businesses across varied global markets have suddenly realised the need to shift their services and offerings online.
Accenture narrows full-year growth guidance on uncertainty over Covid-19
Accenture has narrowed its full-year revenue growth expectations, as Covid-19 continues to impact its clients' spending. Accenture has further slashed the higher end of the growth guidance.
Mindtree rejigs strategy to eye large deals, tap vendor consolidation opportunity
The firm will be focusing on service lines such as customer success, data and intelligence, Cloud and Enterprise IT, where businesses are investing as they look to either survive or rebuild amid the Covid-19 pandemic. “We have done a reorganisation and said that if we can build capabilities and align them in these areas, we can handle a client end-to-end,” Debashis Chatterjee, CEO of Mindtree told ET.
Accenture gives bonuses to a large part of its staff
The payouts have been made over the past few weeks to more than half its 2,00,000 employees in India across technology and business process management centres, multiple sources said.
Hikes, hirings and a visa workaround: Three cheers for Infosys amid Covid gloom
Plans are also afoot to start massive recruitments in many parts of the world including in India soon, said Infosys CEO Salil Parekh.
Cognizant India Chairman & MD Ramkumar Ramamoorthy resigns
In a major reshuffle, Cognizant also replaced the head of global delivery Pradeep Shilige and brought in former Accenture executive Andy Stafford as the new head of delivery.
How work from home has turned an entire profession lucrative
Work-from-home scenario, induced by the Covid-19 crisis, has led to a scramble for talent in cloud technology.
Accenture acquires Ahmedabad-based big data analytics company Byte Prophecy
The acquisition will add nearly 50 data science and data engineering experts, with a particular focus on insight automation, to Accenture Applied Intelligence.
Accenture says Unacademy hack has no impact on its data
"Accenture has no professional relationship with Unacademy, and any implication or assertion otherwise is erroneous. Accenture has suffered no data breach or loss of any records or client information as a result of this incident," Accenture said in a statement.
Microsoft and Accenture collaborate to host Accenture Ventures Challenge for startups
Accenture Ventures Challenge 2020 will identify 12 innovative startups that are helping to address the business and human impact of COVID-19, driving innovation in the ’never normal’ era.
H-1B visa: Denial rates for IT services companies continue to remain high
There were six Indian companies among the top 25 employers, and only one, Tata Consultancy Services, among the top ten. The denial rates for these companies, and others like Cognizant (52%), Deloitte (41%) and Accenture(31%) who bring in employees and place them at client locations was significantly higher than product and technology companies like Facebook (7%) and Microsoft (12%).