Cognizant trims shareholder payouts as AI dealmaking gathers pace

New Delhi, May 5 -- Cognizant Technology Solutions Corp has become the third largest Indian heritage IT services firm - after Tata Consultancy Services Ltd and HCL Technologies Ltd - to dial back shar... Read More

How Infosys is adapting as GCCs move outsourcing work in-house

Bengaluru, May 4 -- Infosys Ltd is accelerating its push into global capability centres (GCCs), leaning into a structural shift that otherwise threatens its core outsourcing business and that of the b... Read More

Infosys boosts GCC push amid outsourcing shift

Bengaluru, May 4 -- Infosys Ltd is accelerating its push into global capability centres (GCCs), leaning into a structural shift that otherwise threatens its core outsourcing business and that of the b... Read More

Cognizant to lay off employees as AI drives 'real and accelerating' change

BENGALURU, May 2 -- Cognizant Technology Solutions Corp. is cutting jobs as it pivots towards artificial intelligence (AI), marking one of the first instances of a large IT services firm explicitly li... Read More

Cognizant to lay off employees as AI drives 'real and accelerated change'

BENGALURU, May 2 -- Cognizant Technology Solutions Corp. is cutting jobs as it pivots towards artificial intelligence (AI), marking one of the first instances of a large IT services firm explicitly li... Read More

Infosys wins $500 mn GCC deal from US firm

BENGALURU, April 30 -- Infosys Ltd has won a contract worth upwards of $500 million from US-based Truist Financial Corp. to set up and run a global capability centre (GCC) in Hyderabad, making it the ... Read More

Cognizant to cut 4,000 jobs amid slowdown

BENGALURU, April 30 -- Cognizant Technology plans to cut about 4,000 jobs, or roughly 1% of its workforce, according to two people with knowledge of the matter, as slowing demand and a push toward aut... Read More

Cognizant to cut 4,000 jobs as AI push, weak demand weigh on outlook

Bengaluru, April 29 -- Cognizant Technology plans to cut about 4,000 jobs, or roughly 1% of its workforce, according to two people with knowledge of the matter, as slowing demand and a push toward aut... Read More

Infosys secures largest GCC deal

BENAGLURU, April 29 -- Infosys Ltd has won a contract worth upwards of $500 million from US-based Truist Financial Corp. to set up and run a global capability centre (GCC) in Hyderabad, making it the ... Read More

Indian IT increases vigil on deal conversations even as AI eats revenue

New Delhi, April 28 -- In a shift from the 'growth at any cost' era, IT services industry leaders like Infosys Ltd, HCL Technologies Ltd, and Tech Mahindra Ltd are increasingly avoiding low-margin con... Read More

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