Cognizant CEO Brian Humphries refutes reports of job cuts, promises more hiring in India
Earlier this month, Humphries had announced that the Cognizant has over two lakh employees in India. It became the second company after Tata Consultancy to reach this milestone
Cognizant CEO Brian Humphries has turned down reports which recommend that the IT monster may see generous employment cuts over its workplaces. In an ongoing meeting with CNBC-TV18, Humphries said that his organization would keep on contracting more individuals in India and abroad as it keeps on developing and put resources into innovation.
"I think a great deal of this is clamor that you see springing up in the media without different features... As we quicken our development we will really procure more individuals, along these lines, in actuality, I am hoping to build headcounts in India and surely universally," Humphries said during the meeting.
Not long ago, Humphries had declared that the Cognizant has more than two lakh representatives in India. It turned into the second organization after Tata Consultancy to arrive at this achievement.
The Cognizant CEO, nonetheless, explained during his meeting with CNBC-TV18 that the workforce will be reshaped to oblige ability with spotlight on more up to date advancements. Humphries said that the aptitudes required for the new openings will be based on computerized reasoning, AI, web of things, and such.
On Cognizant's development standpoint, Humphries conceded that the organization has not been performing to its maximum capacity and this has been his concentration since he participated in April this year. He communicated trust in his vision for the organization, and the prospect that Cognizant will have the option to accelerate its development in coming days.
"I think the essentials of the business stay solid. Obviously we haven't been performing to our potential so that has truly been my concentration since I have joined. I invest all my energy inside with our partners, all our time with clients and truly attempting to drive our solid qualities. So I am certain that the market is solid and we will have the option to quicken development into the future," Humphries told the channel.
Humphries additionally talked about the log jam fears in US economy. "I think the move to advanced will drive further development openings. As of now we are really putting resources into deals headcount, both in North America just as globally. So we have affirmed up to 500 headcount increments with the end goal of getting that market opportunity and to be sure with the end goal of quickening our development rate," the Cognizant CEO said.