Is accepting CTS offer is good decision to make in consideration when layoffs are in horizon???

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As per recent cognizant quarter results, it has 31% voluntary attrition & 5% involuntary attrition.
Involuntary attrition means indirectly layoffs but they haven't mentioned much about involuntary attrition..

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This 5% is the last raters (that is 1). They have been let gone.

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Since folks at the top are still there who didn't hesitate to lay off high numbers during relatively better times, I wouldn't even count theirs as an offer based on which I can resign. Good luck to you

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Precisely

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Hell no!! I have Cts Offer.. but did not drop papers based on that..

Have to tell them nxt week that I am not going to join..

Thanks for reminding 😅😅

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Cognizant has very good job security now because of high attrition and i heard there are many new digital project in pipeline so u can consider joining

Bro.. Don't even think of to join cts

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🥴

OP.. if you want to have a job.. dont join cts

likesmart

Is layoffs happening currently at cognizant??

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@capgemini 1 better perks outside. Then comes project allo, tech mismatch, work press. My seniors who left are earning double thrice than cts pay. And retaining offer was just shame.

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I am also having an offer from CTS , having the same doubt as you but I didn't put down my papers. I continued giving the interviews.

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I was also in same situation couple of months back .I resigned basis Cognizant offer and got multiple offer in Notice period.

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Avoid CTS. They are masters in postponing the joining dates

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Yes. If you are confident enough

I would say better avoid cts.

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See CTS is very strict. They will never tolerate benchers either u get project or leave. In my 2yrs never heard firing infact their are no engineer headcounts for non digital project. Digital already full.

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What are some concrete reasons why someone in consulting would be fired, other than the obvious stupid things?

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People are layed off.
Other companies are on a hiring freeze.
So where are those people going?
Did we did a mistake by choosing tech as a career.
Cause I never heard consulting,finance or people in administration getting layed off like this.

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At this point in the game it doesn't make a difference where you at everybody is getting laid off at one point or another the only thing I say is try to repair yourself for it if it happens to you

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I heard from my head that there is a lot of slowdown in VW Germany... There is Hiring freeze, level freeze and all ... And soon that will spillover to india. So be prepared for very less hikes in coming cycle :( Also automotive sector in general is struggling with tesla laying off 10% workforce recently. Maybe time to make a move? What do you say fishes?

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How much severance package Credit Suisse is giving on layoffs?

Are they laying off new joiners too? Where is more impact EON 1 or EON 2 in Pune office?

Credit Suisse

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