India reports the strongest outlook among 42 countries across the globe. Employers in India anticipate a more or less stable hiring in Q2 at +36% which has marginally decreased when compared to the last quarter
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The company will lay off around 9% of its global staff, as part of its cost-cutting measures amid challenging economic conditions
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A batch of engineers hired through the campus recruitment programme will join the company in June 2024, with further hiring via multiple channels planned throughout the year
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The ‘Drive4Progress’ initiative will provide training to women interested in pursuing careers as professional drivers in safe driving practices, soft skills, customer service, vehicle maintenance and road safety in their respective regional languages
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The top three sectors in terms of projected salary increase are ecommerce, professional services and financial services and overall attrition dropped to 18.3% in 2023, from 21.2% in 2022
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The company laid off more than 10% of its workforce last year but now plans to build back better
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The layoffs will focus on roles in Europe as the company strives to reduce down
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As the contract between Cognizant and Google expired, YouTube Music employees who had been subcontracted through Cognizant were laid off
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