Cognizant to Hire 50,000 Freshers
The Gaint IT Cognizant is planning to hire 50,000 freshers across India in 2022. The company previously recruited more than 33,000 freshers, which is twice as many as the number recruited in 2020 (17,000 freshers). The Cognizant finished the year with an employee count of 330,600, which is up 14 percent over the previous year.
The company posted attrition of 31 percent in the Q4FY21 (it adheres to the Jan-Dec fiscal calendar). Although the numbers of attrition are higher than competitors TCS, Infosys, and Wipro however, they’ve been reduced to Cognizant on a chronological basis. Cognizant reported an attrition rate of 33 percent in Q3FY21.
“While the rest of the sector at least saw an increase in wear and tear for this quarter, we managed to get a little rest on a quarter-on-quarter basis. Is this sustainable? We do everything within the organization to ensure that it persists, but waste is always dependent on market dynamics, “ said Rajesh Nambiar President, Cognizant India, and President Digital Business and Technology
The hiring of 50,000 freshers is one of the highest ever number from the company. It is good news for college graduates and freshers to apply for the Opportunities at Cognizant.
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