IT services provider Cognizant will further streamline costs in its core legacy business, its chief financial officer has said.
“(Cognizant can) increase the offshore-onshore ratio – that is, they can have a larger proportion of their workforce in low-cost destinations such as India,” said Peter Bendor-Samuel, chief executive, Everest Group. “This is hard to do in the current environment where clients are often seeking to have more work delivered onshore”.
