Cognizant has formed a new non-profit foundation to support STEM (Science, Technology, Engineering and Math) and digital education and skills initiatives for U.S. workers and students. The foundation will be established with an initial grant of $100 million.
Cognizant said that for the third consecutive year, it has been named a Top Employer in Europe for Excellence in Workforce Planning, Talent Strategy, and Career and Succession Management.
Lakshmi Narayanan and Thomas M. Wendel will not be seeking re-election at the company’s 2017 annual meeting, said Cognizant
For 2017, Cognizant expects its revenue to be in the range of $ 14.56 – 14.84 billion, which translates into 7.9-10 % growth
Former Reserve Bank Governor, C Rangarajan cautioned that automation which is part of "Digital Age" may curtail employment opportunities to people even though it is expected to create jobs at "higher" levels.
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