Cognizant plans 1 lakh lateral hiring

Chennai: US-based Cognizant, which has two-thirds of its emp-loyees in India, plans to make lateral hiring of one lakh persons in 2021 to offset the high attrition levels.

“We now expect to hire approximately 100,000 laterals in 2021 and to train close to 100,000 associates. In addition, we expect to onboard approximately 30,000 new graduates in 2021 and make 45,000 offers to new graduates in India for 2022 on-boarding,” Cognizant CEO Brian Humphries said in a post-earnings analyst call