Cognizant December quarter revenue at eight-quarter low
India Business News: CHENNAI: IT services major Cognizant Technology Solutions on Wednesday posted a 0.
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India Business News: CHENNAI: IT services major Cognizant Technology Solutions on Wednesday posted a 0.
White Collar Hiring: On a year-on-year basis, the overall hiring in the IT sector declined 19 per cent in January this year. However, healthcare, hospitality and FMCG witnessed annual job growth last month in an otherwise cautious market, according to Naukri JobSpeak Index.
The Naukri JobSpeak Index for January 2024 reveals notable year-on-year job growth in the healthcare, hospitality, and FMCG sectors amidst a cautious market environment. Overall, the index reached 2455, marking a 1% increase from the previous month but an 11% decline compared to the same period last year.
Indian software services companies will end FY24 having hired between 70,000 and 80,000 fresh engineers —the lowest intake in over two decades. The decline in fresher hiring marks a significant climbdown for a sector that was once regarded as the uber force on college campuses.
LAHORE: The role of information technology is important in today’s world as it increases the employment...