The hiring of freshmen off-campus has been suspended by the American multinational IT services and consulting firm Cognizant.
In-depth details about The hiring of off-campus freshers has been stopped by cognizant:
The hiring organization informed the candidates of this via email. The business was taking on newer hires from the batches 2020, 2021, and 2022.
The real cause is that GenC (Generation Cognizant), or entry-level candidates in the organization, work in a dynamic environment at Cognizant.
According to the email that was given to the applicants, “Our demand for freshers (GenC) in the firm is now quite variable.”
The email continued, “For this reason, we are not moving further with the recruitment process at this time.
The business added, “We have a great conversion rate from on-campus talent and we are on schedule to reach our hiring targets. We’ve had a lot of support. Off-campus hiring has therefore been put on hold for the time being.
Most recently, Cognizant India recorded 6% involuntary attrition in the FY22 third quarter that ended in September, which also included the firing of workers after background checks turned up inaccuracies.
You could think of involuntary attrition as another word for firing. Few employees are fired because background checks are unsuccessful, according to Rajesh Nambiar, head of Cognizant India, and 6% of involuntary attrition in the quarter ending September 30, 2022, also included it.
It was previously reported that the onboarding of numerous freshmen candidates has been delayed by Indian IT giants Accenture, Mindtree, Wipro, Infosys, and Tech Mahindra.
This has caused a delay in onboarding for almost 30,000 IT employees at prestigious companies like Infosys, Wipro, Tech Mahindra, Capgemini, and others.
Cognizant’s overall workforce was 3,49,400 after the reviewed quarter saw an increase of 8,100 workers.
Its manpower in India has increased by almost 12 percent year over year to 2,55,000 colleagues. The corporation recorded attrition levels of 29 percent for the third quarter (Q3) of the CY22 July-September period.