Saudi Arabia, frustrated by growing criticism of its leaders and policies on social media, recruited two Twitter employees to spy on thousands of accounts that included prominent opponents, prosecutors alleged Wednesday.
Last week, Cognizant had said it will remove about 10,000-12,000 mid-to-senior level associates worldwide from their current roles in coming quarters. This is expected to lead to a net reduction of approximately 5,000 to 7,000 roles (about 2 per cent of its total headcount) and re-skilling and redeployment of about 5,000 of the total associates impacted.
Catalogs are a mobile storefront for businesses to showcase and share their goods so that people can easily browse and discover something they would like to buy.
Tech firm Mindtree on Thursday said that the CFO Pradip Kumar Menon has resigned. The company said Menon will be relieved from his services on November 15.
"Digital is driving growth. With new technologies, most of the companies are reconfiguring themselves, focusing on digital and also reducing the flab with legacy technology employees and trying to be more cost-effective and having a better pyramid".
Under new CEO Chris O’Connor, who took charge in April this year, Persistent Systems has adopted a solution-oriented approach to working with clients which has resulted in an increase in deal sizes. The company now maps a client’s overall IT spends against its own portfolio to determine what the other areas are where it can contribute.
Analysts said the cost optimisation plan was a routine move aimed at reducing wage costs by hiring more freshers. The company’s margins have dropped significantly under CEO Salil Parekh, as it boosted investments to drive growth. The company is, however, now looking at greater cost savings, since a major chunk of its investments has been completed.from Technology News, Latest Gadget Reviews, Gaming & Tech Videos | Times of India https://ift.tt/o3b1NzK
