WebJul 28, 2024 · Cognizant’s headcount expanded to over 341,000 employees globally in Q2 amid an intensely competitive labour market. The voluntary annualized attrition rate increased to 31% from 26% in the preceding three months indicating strong demand for tech talent across the industry. Brian Humphries, chief executive officer, Cognizant said, “In a ... WebJul 28, 2024 · Full year 2024 Adjusted Diluted EPS 2 is expected to be in the range of $4.00 - $4.06. Cognizant will host a conference call on July 28, 2024, at 5:00 p.m. (Eastern) to discuss the Company's second quarter 2024 results. To listen to the conference call, please dial (877) 810-9510 (domestic) or +1 (201) 493-6778 (international) and provide the ...
Cognizant attrition at 29%; to hire 30,000 in India
WebNov 2, 2024 · As Cognizant missed estimates, it has again downgraded revenue estimates for the calendar year 2024. Full-year 2024 revenue is expected to be approximately $19.3 billion, or growth of 4.5 percent (7 percent in constant currency terms). At the beginning of the year, the company had guided for 9-11 percent CC revenue growth. WebFeb 1, 2024 · The declining attrition rate on a sequential basis is expected to have benefited Cognizant’s performance. However, challenging macroeconomic conditions, raging inflation and higher interest ... oracle 11g 85%
Cognizant charts $1 billion cost-saving plan - Times of India
WebNov 2, 2024 · American tech giant Cognizant Technology Solutions reported its financial results on Wednesday for the July to September quarter. Revenue grew 2.4 percent year-over-year, or 5.6 percent in constant currency terms, to $4.9 billion — missing the revenue guidance projection by the firm. WebAug 26, 2024 · Cognizant reported an extremely high attrition rate of 31% for the June quarter, with 29% of that being voluntary departure. “We continue to take a series of actions to reduce attrition ... WebMay 7, 2024 · For Cognizant, voluntary attrition (read exit of employees) for the first quarter of 2024 increased to 18 per cent compared to 16 per cent a year ago. Total attrition stood at 21 per cent, which ... oracle 11 client download