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Cognizant Offers VRS To Senior Executives

Written By ET Now on Thursday, May 04, 2017 | 08:40 AM

 
Watch Latest Business News & Updates ►http://bit.ly/2pbvgO2 Under pressure from activist investor Elliot Management coupled with business headwinds, Cognizant Technology has offered a golden handshake to a select category of senior employees, thereby reducing its wage bills. Cognizant sent out mailers to D+ category employees (directors and senior VPs), giving them an option to exit the organisation on a cordial note by accepting either six or nine months' pay as severance package, depending in which category the employee sits. Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► http://goo.gl/5XreUq Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj

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