Cognizant Latest Announcement: More Than 20k Employees Will Be Hired, Offers 18% Hike In Salaries

Cognizant News
Cognizant News

Cognizant Latest Announcement: More Than 20k Employees Will Be Hired, Offers 18% Hike In Salaries

So here’s a Cognizant Latest Announcement to hire over 20,000 Indian tech graduates in 2020 who are โ€˜digitally-skilledโ€™. American IT multinational Cognizant is back to sprucing up its employee base

Brian Humphries, chief executive officer (CEO), of Cognizant told, “With more and more university students becoming digitally ready, we have decided on a 30% increase in our hiring of engineering and science graduates for 2020”, which is a Cognizant Latest News

Humphries also said, โ€œThe acceptance rate for offers we have made in about 100 premier engineering campuses is more than 80%, reflecting increased confidence in Cognizant. This is much higher than in recent years”.

It is also scaling up the average compensation for campus fresherโ€™s to โ‚น400,000 per annum. This is an 18% surge from last yearโ€™s campus placements last year.

Indiaโ€™s strength in digital capabilities is in tune with Cognizantโ€™s global vision, according to which it aims to extend its capabilities in the four key areas of data, digital engineering, cloud, and the internet of things.

Another Cognizant Latest News is that its digital revenue continues to grow more than 20% year-on-year and comprised 38% of total revenue in the December quarter.

Last week, Cognizant had expanded its footprints in Karnataka with a new, 1,00,000 sq. feet facility in Mangalore with a capacity to accommodate over 1100 employees.

Check it out Latest Cognizant Recruitment: Click here

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