Cognizant News: Company Postpone Joining Date of Campus Recruits To September Quarter
Cognizant News: Cognizant Technology Solutions (CTS) has postponed joining dates of students who had secured campus placements to the latter half of the year 2020.
Cognizant CEO Brian Humphries said, “We remain committed to growth and plan to honor the more than 20,000 campus offers we have made. The timing of our trainees’ start date in India will be deferred to Q3 (July-September), This will continue to be dependent on lockdowns and school schedules across India”, this is the latest Cognizant news.
Meanwhile, the total count of confirmed coronavirus cases jumped to 70,756 on Tuesday, according to the latest update by the Union Health Ministry. The total count includes 46,008 active cases, 22,454 recoveries, and 2,293 deaths. India has been under a coronavirus lockdown since March 25.
In this situation, Mr. Humphries further said that the size and timing of any changes to Cognizant’s workforce will unfold as the demand environment becomes clearer.
Cognizant reported a 3.5 percent rise in revenue in constant currency in the first quarter of the calendar year 2020. Last year, Cognizant became the second IT company, only after Tata Consultancy Services (TCS), to touch the 2-lakh employee mark in India.
Humphries also said, “We will also accelerate further development of employees with skills aligned to our key digital imperatives, which we expect will align with client demand when an economic recovery emerges”
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