Cognizant CFO Signals Further Cost Cuts, Says TCS Good at Cost Management | in the News

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”.

Read more in Economic Times

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