The Latest Breaking News from Cognizant

Indian-origin US diplomat Mahvash Siddiqui says she alerted senior managers about 'Cognizant-like' visa abuse 20 years ago

The US Department of Labor recently announced the suspension of Cognizant from filing new Permanent Labor Certification (PERM) applications as a probe into alleged visa fraud is going on. Mahvash Siddiqui, an Indian-origin US diplomat who worked at the Chennai consulate two decades ago, claimed that junior officers repeatedly told…

The Times of India · Sep 18

How Is Cognizant’s Stock Performance Compared to Other Dividend Stocks

While Cognizant has lagged its tech-focused dividend peers over the past year, analyst sentiment remains largely positive, pointing to continued confidence in the stock’s outlook.

Barchart · Sep 16

AI Layoffs Reach Record Pace as Tech Giants Attribute 40% of Job Cuts to Automation

AI remains a significant factor in US layoffs, but restructuring has emerged as a leading cause. The labour market is evolving, with AI reshaping tasks rather than directly replacing jobs.

International Business Times UK · Sep 10

Trump strikes Indian IT again! Why tech stocks lost Rs 55,000 crore in a single session

Indian IT stocks lost around Rs 55,000 crore in market value after the US suspended Cognizant’s PERM labour certification filings, raising fresh concerns over tighter scrutiny of work visas and alleged visa fraud.

The Economic Times · Sep 9

US suspends Cognizant green card filings

The action came a day after Cognizant announced plans to expand its American workforce. The company said it planned to hire 1,500 US college graduates and increase its Frontier Certified Engineer and Frontier Business Operator workforce to 15,000 people.

The Economic Times · Sep 8

AI reshapes India's IT services sector contracts as clients demand more for less

Industry executives also say they are losing some work entirely as customers use AI to shift tasks in-house, while all the ​uncertainty that the new technology has brought is resulting in shorter contracts.

The Economic Times · Aug 21

Cognizant hires 489 B-school graduates, over 37% from non-STEM backgrounds

Cognizant has hired 489 graduates from 58 B-schools across 37 cities, with over 37% coming from non-STEM backgrounds and more than 42% being women. The new recruits will undergo a two-week Talent Accelerator programme covering business skills, sales, marketing and AI-related work as Cognizant expands its talent pool beyond engineering…

The Economic Times · Aug 19

TurboTax Maker Intuit Leads 3 Cheap, Dividend-Paying Tech Stocks With Up to 151% Upside

Intuit is one of three cheap, dividend-paying tech stocks flying under the radar, with Wall Street price targets suggesting up to 151% upside for the software giant.

Barchart · Aug 14

Anthropic Is Only Part of the Story. Cognizant Has a Much Bigger AI Plan.

Cognizant is strengthening its AI consulting business by partnering across leading AI models, positioning itself to benefit regardless of which AI platform ultimately wins.

Barchart · Jul 31

Cognizant hosts global OpenAI Codex Hackathon for 10,000 employees across six cities in India

Cognizant launched its first global Codex Hackathon with OpenAI. Ten thousand associates across six Indian cities participated in this event. This initiative aims to build practical AI solutions for enterprise customers. The company plans to extend participation to over fifty thousand associates soon. Cognizant previously set a Guinness World Record…

The Economic Times · Jul 31