Cognizant Technology aims to hire more than 20,000 technical graduate students, equipped with digital skills from campuses in India this year, said, Brian Humphries, chief executive officer (CEO), Cognizant.
“With more and more university students becoming digitally ready, we have decided on a 30% increase in our hiring of engineering and science graduates for 2020,” Humphries said in an email interview with Livemint
Cognizant aims to leverage the local talent and capabilities within India. “There is a palpable initiative among Indian enterprises to attain and in some cases even define global benchmarks in digital adoption. They are increasingly focusing on the imperative to ‘think fast’ and ‘think forward’ to strengthen their relevance for the future,” said the Cognizant CEO.
Cognizant’s plans to grow its India workforce comes even as the company announced laying off 10,000-12,000 employees in the September quarter as part of a program to optimize costs and simplify its organizational structure. Last year, Cognizant became the second information technology firm after Tata Consultancy Services Ltd (TCS) to employ more than 200,000 employees in India. TCS is India’s largest IT sector employer with a total headcount of about 440,000 employees.
Last week, Cognizant expanded its presence in Karnataka with a new, 100,000 square feet facility in Mangalore that can accommodate more than 1,100 employees. It also has operations in Bengaluru and Mysuru with a total of about 29,000 employees in the state. Most of its employees in India are based in Chennai.
Cognizant has over 2 lakh employees in India and it aims to leverage local talent and capabilities within the country.
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