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Cognizant defers annual salary hikes to August 2024 amid low demand in IT sector, says report

In 2023, Cognizant Technology listed on the US Nasdaq stock exchange and granted salary hikes to its employees in April. ....

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Cognizant Delays Salary Hikes To August 1 by Four Months

The company also mentioned that it has recently distributed annual bonuses to “eligible associates globally.”
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