Cognizant Layoffs
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Accenture to Cut 19,000 Jobs Amid Concerns of Lower IT Spending Due to Global Economic Outlook
Accenture has announced it plans to cut about 2.5 percent of workforce, or 19,000 jobs, as the lowers its profit and revenue forecast for the year. The firm said more than 50 percent of the job cuts would affect staff at its non-billable corporate functions.
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Donald Trump Blamed For Job Losses As India Tech Workers Face Cuts
Swapana Bhosale was stunned when she found out earlier this month she was losing her job at tech services provider Cognizant Technology Solutions in India. Layoffs in the business are rare, particularly if employees are in the middle of client assignments like she was.
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Nasscom Says Reports of Mass Layoffs at Indian IT Firms Are Incorrect
Nasscom said the numbers being reported with regard to layoffs across different sources are not in line with the actual employment progression.
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So Will IT Layoffs Really Run Into Lakhs? What The Experts Say
Infosys denies it. Wipro denies it. IT industry body NASSCOM denies it. But reports of mass layoffs at IT firms have crowded headlines recently with claims like this is the worst hit for the $150 billion outsourcing sector since the economic downturn of 2008.
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After Cognizant, Wipro, Now Infosys to Lay Off Employees
"We do this every year and the numbers could vary every performance cycle," an Infosys spokesperson said.
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Accenture to Cut 19,000 Jobs Amid Concerns of Lower IT Spending Due to Global Economic Outlook
Accenture has announced it plans to cut about 2.5 percent of workforce, or 19,000 jobs, as the lowers its profit and revenue forecast for the year. The firm said more than 50 percent of the job cuts would affect staff at its non-billable corporate functions.
-
Donald Trump Blamed For Job Losses As India Tech Workers Face Cuts
Swapana Bhosale was stunned when she found out earlier this month she was losing her job at tech services provider Cognizant Technology Solutions in India. Layoffs in the business are rare, particularly if employees are in the middle of client assignments like she was.
-
Nasscom Says Reports of Mass Layoffs at Indian IT Firms Are Incorrect
Nasscom said the numbers being reported with regard to layoffs across different sources are not in line with the actual employment progression.
-
So Will IT Layoffs Really Run Into Lakhs? What The Experts Say
Infosys denies it. Wipro denies it. IT industry body NASSCOM denies it. But reports of mass layoffs at IT firms have crowded headlines recently with claims like this is the worst hit for the $150 billion outsourcing sector since the economic downturn of 2008.
-
After Cognizant, Wipro, Now Infosys to Lay Off Employees
"We do this every year and the numbers could vary every performance cycle," an Infosys spokesperson said.
