Cognizant Hints At Further ‘Cost Cutting’ Measures Due To Coronavirus; TCS Has Impressed Them | In the News

The IT multinational firm, Cognizant will further streamline costs in its core legacy business, Cognizant’s Chief Financial Officer (CFO), Karen McLoughlin has said.

Peter Bendor-Samuel, Chief Executive, Everest Group 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. He also said, “This is hard to do in the current environment where clients are often seeking to have more work delivered onshore.”

Read more in Trak.in

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