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Why are there so many leaving cognizant?

Why are there so many leaving cognizant?

What Is The Reason Behind Cognizant’s High Attrition Rate? The major contributor to the high churn rate of Cognizant is the increase in voluntary attrition. The number of employees leaving the company in search of better opportunities or to pursue higher education increased from 10\% to 16\%.

Is cognizant going in loss?

Cognizant Technology Solutions India Private Limited reported a 40 per cent fall in profit from the previous fiscal, and expenses rose by 6.5 per cent, according to financial data accessed by business intelligence platform, Tofler.

What is happening to Cognizant?

Cognizant Q4 results: Net profit declines 20\% The company’s full-year net profit declined by 24 per cent to $1.39 billion against $1.84 billion last year while revenue remained flat at $16.65 billion against $16.78 billion last year.

What do you think about cognizant?

Cognizant is a criminal organization, a company that brought only pain and suffering not only to the USA were they steal jobs from the local people, but also the Indians themselves who are trained to become evil by doing harm to other people. I will collapse soon, because there are bad people running the company.

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Why does Cognizant have a high attrition rate?

Cognizant grew too much too fast and hence, like many service-based companies, its revenues became flat. To achieve growth therefore, the company needed to reduce its costs and their cost-cutting mechanism is increasing the attrition rate. Does the company want it to be high?

Why Cognizant is not giving more certifications to its employees?

Investing in Employees: Cognizant has reduced its investments in training or upskilling employees. This means fewer number of certifications that the company pays for, reducing number of conferences you can attend at company’s expenses etc.