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Read this news in brief form. Click here X. Cognizant to ramp up global staff strength india news. Follow Us. Follow Us Share Via. Subscribe to our best newsletters.
Subscribed to newsletter successfully. Thank you for subscribing to our Daily News Capsule newsletter. Personalise your news feed. Follow trending topics Done. Trending Topics to Follow. Whatsapp Twitter Facebook Linkedin. Join Hindustan Times Create free account and unlock exciting features like Newsletters, Alerts and Recommendations Get personalised news and exiting deals Bookmark the stories you want to read later. Already have an account? Cognizant is among the largest recruiters of MBAs in the industry; they are involved in business development and business analysis for IT services projects.
Cognizant's philanthropic and corporate social responsibility CSR initiatives are conducted through the Cognizant employees for the financial and administrative support of the Cognizant Foundation. Cognizant has a grassroots corporate social responsibility project called Outreach , through which the volunteer employees lend their expertise for devising skill-building and workforce programs to improve the operations of NGOs. In , the Fortune named it as the world's fourth most admired IT services company.
Over the year , Cognizant signed multiple sponsorship agreements with sports, sailing and racing teams. Later in the year, in April, Cognizant signed an agreement to be SailGP's digital transformation partner. In March , significant publicity was raised because Cognizant repetitively violated the directives of the Registrar of Companies. The Company "has moved [sic] the Madras High Court fearing possibility of criminal prosecution being launched against it by [the] Registrar of Companies for alleged violation of the provisions of the Companies Act of and the Companies Appointment and Disqualification of Directors Rules of In a race discrimination suit was brought: "Three hundred former employees claim they were forced out of their jobs and replaced with 'less qualified' Indians after being poorly treated by their Indian supervisors and colleagues, given unjustifiably low performance ratings and denied promotions.
The number of the executives that were dismissed is unusually high and questions the ability of the company to catch up with the latest technologies. In , eight employees filed petitions with the labor department, complaining Cognizant forced them to resign as part of a performance-based review. The labor department closed the case in favor of employees and advised company management to give one more opportunity for the petitioners to prove themselves.
A Cognizant spokesman confirmed the report and said in a statement that a court has instructed the tax department not to take further action pending further hearings. The court asked the company to deposit 15 percent of the disputed tax, amounting to 4.
In February the UK and Irish press expressed concerns about contractors employed by Cognizant in Dublin as part of the outsourcing contract with Google about the conditions of employment in relationship to compensation and basic employment allowances like sick leave. In , Cognizant announced that it was cooperating with US authorities in an investigation related to the Foreign Corrupt Practices Act , and carrying out its own probe to determine whether some payments made in India breached the law.
Project Atlas included components for both internal operations and client-facing services. Cognizant leads the ranks of companies receiving H-1B visas from the United States. The company has been steadily increasing its U. In January , the company announced plans to expand its U. Joseph Petrecca, the director of the Wage and Hour Division's Northern New Jersey District Office noted that the company took immediate steps to correct the violations, saying the "level of cooperation sets a standard for others in the industry.
In , the company was the subject of a lawsuit by workers for Walt Disney World who said workers from India were brought into the United States on H-1B visas in order to replace them.
Presnel of the United States District Court in Orlando dismissed the lawsuits, stating "none of the allegedly false statements put at issue in the complaint are adequate. District Court ruling for a class action lawsuit. The lawsuit claimed that Cognizant did not provide quality assurance analysts the full value of their overtime pay.
In February , an investigative report by The Verge described poor working conditions in Cognizant's Phoenix, Arizona , office. On October 30, , Cognizant announced that it would phase out a portion of its content moderation contracts in From Wikipedia, the free encyclopedia. American multinational IT company. For the general term, see Cognizance. Traded as. Teaneck, New Jersey , U. Operating income. Net income. The Economic Times. Retrieved 28 August Economic Times.
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Cognizant helps companies modernize technology, reimagine processes and transform experiences so they stay ahead in a fast-changing world. Advance your career—and the Missing: employee strength. The total headcount by end of is expected to reach at least 56, The company added a net total of almost 4, employees in the fourth quarter and more than 14, employees in . Aug 26, · Cognizant With Highest-Ever Headcount According to the statement release, Cognizant now employs over 3,00, people for the first time in its history, marking the .