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Cognizant Q1FY24 highlights, headcount declines by 7,100 people

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Cognizant, one of the world's leading professional services companies, has announced its first quarter 2024 financial results. Key Highlights Drop in Headcounts 3,300 sequentially and 7,100...

Capgemini headcount stood at 337,200 in Q1 FY24, a drop of...

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Today, French IT major Capgemini reported a consolidated Q1 2024 ending March financial results. The company reported Q1 2024 revenues of €5,527 million, -3.5% year-on-year...

Wipro delays campus hiring; not starting anytime soon: Report

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A leading global information technology, consulting, and business process services company, Wipro has delayed the campus hiring and it will not start anytime soon. Furthermore,...

TCS, Wipro, & Infosys headcount reduced by over 62,000 employees in...

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In FY24, India's top IT giants, TCS, Wipro, & Infosys collectively reported a drop in headcounts by 63,000 employees. This reflects the impact of...

TCS Q4FY24 highlights: Headcount down by 13,772 in FY23-24

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Yesterday, Friday, April 12, Tata Consultancy Services (TCS), India's leading IT services firm announced its fourth quarter, Q4FY24 March ending financial results. Highlights The...

First IIM Lucknow, now BITS Pilani asks alumni help in placements

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As per the recent reports on the Impact of the global economy on Jobs, the Market is such that there is a decrease in...

Cognizant reports 7% rise in net profit, added 1100 people in...

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One of the world's leading IT giants, Cognizant has announced its fourth quarter and full-year 2023 financial results. Highlights Rise in Net Profit- 7% Increase in Total...

Wipro to sack hundreds of mid-level employees to improve margins

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As per the reports of the ET, India’s IT services provider company, Wipro to sack hundreds of mid-level employees to improve margins Wipro currently maintains...

In January over 38000 people were laid off… Gen AI Impact...

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So far in 2024, there have been 176 layoffs at tech companies with 38,003 people being laid off (1,267 people per day). In 2023, there were 1,996 layoffs at tech companies with 428,384 people...

IT companies slow hiring: 3,000 engrs queue up outside company

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Amid the global uncertainties and layoffs, IT and tech companies are either skipping or rethinking college campus hiring. The bulk recruiters are facing a weak...