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The Latest Breaking News from Cognizant

Amazon exec says AI won’t wipe out white-collar jobs—and is hiring 11,000 grads and interns, and has more developers than 2 years ago to prove it

Matt Garman, CEO of Amazon Web Services, is rejecting predictions of an entry-level job bloodbath, as he hires thousands of Gen Z talent.

Cognizant Technology Stock Could Be a Great Way to Profit from AI at a Discount

Cognizant Technology Stock Could Be a Great Way to Profit from AI at a Discount

Although the potential avoidance of global calamity has bolstered AI names, CTSH stock hasn’t benefited from the momentum — but that could change.

After cloud spending, IT companies see 'token maxxing' as AI's next cost challenge

After cloud spending, IT companies see 'token maxxing' as AI's next cost challenge

IT firms are flagging a new AI challenge: 'token maxxing,' where companies prioritize AI usage metrics over actual business results. This trend, akin to past cloud spending issues, sees token consumption treated as value. Experts emphasise tracking AI's impact on workflows and outcomes, not just its input.

The Economic Times

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Explained: Why Accenture's warning sparked a Rs 1.35 lakh crore meltdown for TCS, Infosys, other IT stocks

Indian IT majors faced a brutal sell-off, losing Rs 1.35 lakh crore after Accenture's revenue guidance cut. Structural fears around AI replacing traditional services and geopolitical headwinds are deepening the sector's pain. Analysts anticipate further moderation and a shift towards M&A and new client acquisition to counter slowing growth.

The Economic Times

Data centres, AI infra become IT's next growth bet

India's software services industry is finding new growth in data centers and AI. Companies like HCLTech, TCS, Accenture, and Cognizant are investing heavily in AI platforms and infrastructure. This strategic shift aims to position them as end-to-end partners.

The Economic Times

Over one-third of entry-level tasks in India done by AI, finds Cognizant-Pearson study

AI is now performing nearly 37% of entry-level tasks in India, exceeding the global average. HR leaders anticipate entry-level roles will evolve to supervising AI systems within five years, with AI also expected to create new job categories. Organizations are increasingly focusing on AI skills for all roles, enabling employees…

The Economic Times

Cognizant’s CEO Just Compared This AI Launch to the iPhone Moment. You Should Buy This Rare Undervalued AI Stock.

The launch of Cognizant Intelligence Spine is being touted as a game-changer. CTSH stock offers great value if that happens.

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Iowa Guv issues statement amid job fear: 'At no point during our negotiations was it even considered to employ H-1B visa holders'

Iowa Guv issues statement amid job fear: 'At no point during our negotiations was it even considered to employ H-1B visa holders'

A major confusion was created after Iowa Governor Kim Reynolds announced that the state of Iowa will migrate its executive branch data from an outdated IT system to a modern system with Amazon Web Services and that the day-to-day IT operations will be managed by Cognizant Government Solutions. The government…

The Times of India

Cognizant Stock: Is CTSH Underperforming the Technology Sector?

Cognizant Stock: Is CTSH Underperforming the Technology Sector?

While Cognizant has underperformed the broader tech sector over the past year, analysts are fairly bullish about the stock’s prospects.

AI disruption arrived 6 years early—now executives are drawing the line

AI disruption arrived 6 years early—now executives are drawing the line

New data shows no job is immune from AI disruption. But leaders say the real challenge isn't technology—it's governance.

'I'm Not Exactly In Favor Of What They're Doing Right Now' - Jack Nicklaus Airs Concerns Over PGA Tour Schedule

'I'm Not Exactly In Favor Of What They're Doing Right Now' - Jack Nicklaus Airs Concerns Over PGA Tour Schedule

The 18-time Major winner says he "hates to see too many big tournaments too close together" after being asked about the current schedule on the PGA Tour

Best Legacy Software Modernization Companies by Use Case in 2026

Compare legacy software modernization companies by use case: AI readiness, zero-downtime migration, SaaS re-architecture, regulated systems, cloud modernization, and technical debt reduction.

Cognizant CEO says AI is remaking middle managers into player-coaches who can 'both execute and develop others'

Cognizant CEO says AI is remaking middle managers into player-coaches who can 'both execute and develop others'

Also: All the news and watercooler chat from Fortune.

Cognizant CEO is swimming against the tide on AI: he's hiring over 20,000 graduates this year and says AI tokenmaxxing is a 'vanity metric'

Cognizant CEO is swimming against the tide on AI: he's hiring over 20,000 graduates this year and says AI tokenmaxxing is a 'vanity metric'

Ravi Kumar S., CEO of $27 billion IT firm Cognizant, says AI won’t kill entry-level jobs—and companies obsessed with tokens are measuring the wrong thing.

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‘Nobody’s safe’: Cognizant projected 90% of jobs would be disrupted by 2032—but we're beyond it 6 years early

Head of Research Ollie O’Donoghue said even plumbers aren’t immune to AI. “The plumber still fixes the pipe,” but AI can inspect and diagnose.

Okta's President and COO says companies are in denial about the hardest part of the AI revolution: redesigning work itself

The transition from workforce to work planning — budgeting for both "human workers and digital workers," is breaking people's brains, Eric Kelleher said.

Travelport, Cognizant and Anthropic Collaborate to Power Travel Technology for the AI Era

TEANECK, N.J., May 27, 2026 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) is working with Travelport on a strategic AI transformation that will deploy Anthropic's Claude to modernize the way Travelport builds, tests and maintains software across its travel retailing and distribution platforms. The collaboration aims to accelerate the delivery of AI-led…

The Economic Times

Sacked H-1B staff asked to do more B-2 paperwork

Tech giants such as Amazon, Oracle, and Meta have laid off thousands of employees in the past few months, and a large number of the affected people are estimated to be from India on H-1B visas. The visa rules give them 60 days to find new employment, or they must…

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The Economic Times

Cognizant boosts buyback target to $2 billion amid AI-led growth push

Cognizant has raised its share buyback programme to $2 billion, signalling strong capital return plans and confidence in long-term growth. The move triggered a sharp rally in the stock, even as the IT services firm continues to face pressure from a broader multi-year decline and valuation concerns.

Cognizant Technology Solutions Sees AI ‘Bridge’ as Next Big IT Services Growth Driver

Cognizant Technology Solutions (NASDAQ:CTSH) CEO Ravi Kumar S said the company sees artificial intelligence as an expanding opportunity for IT services providers, arguing that enterprises need help turning rapidly advancing AI capabilities into operational value. Speaking at a company news event, K

15,000 Layoffs at Cognizant: Why India Faces the Biggest Hit

The possibility of up to 15,000 job cuts at Cognizant has sent a ripple of anxiety across India’s massive IT workforce, especially because the scale of these layoffs is not just large but deeply concentrated in one country. Reports indicate that between 12,000 and 15,000 employees could be impacted globally,…

Are Wall Street Analysts Bullish on Cognizant Stock?

Cognizant has underperformed the broader market over the past year, and analysts remain cautiously optimistic about the stock’s prospects.

Sports Illustrated

Bottomless Money in Pro Golf Is Over, and the Correction Is Here

In the past two weeks, LIV Golf may have lost its backer and the PGA Tour laid off staff, and Bob Harig explores what could happen next with the Tour in its private equity era.

Sports Illustrated

Cognizant Classic Affected by Recent PGA Tour Layoffs

The Cognizant’s tournament director was among the Tour’s recent cuts. The event is expected to continue in 2027, writes Bob Harig.

'It's Not How I Would Prefer To Draw It Up' - Justin Thomas Shares Thoughts On PGA Tour Schedule As Run Of Signature Events And Majors Intensifies

Speaking ahead of his RBC Heritage title defense, Thomas was slightly critical of the current run of three Signature Events and two Majors in six weeks on the PGA Tour

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