Cognizant to hire 23,000 from Indian institutes in 2020, says India CMD

Nasdaq-listed information technology (IT) services company Cognizant is planning to hire around 23,000 employees from technology institutions in India during calendar year 2020, in addition to its campus hiring for business-process outsourcing (BPO) operations, according to Ramkumar Ramamoorthy, chairman and managing director of Cognizant India. He clarified that the company would continue hiring, and that the earlier job-cut announcement was but a small portion of the larger plan, considering Cognizant had around 290,000 employees globally.

Ramamoorthy’s latest statement comes days after Cognizant said it was planning to remove around 7,000 mid- and senior-level jobs and shut down its content moderation business, which accounts for another 6,000 jobs, as part of its ‘2020 Fit for Growth Plan’. He was speaking at the 18th edition of CII Connect 2019, an international conference and exhibition on information and communication technology,