Hellen Faulkar

BENGALURU: Cognizant Technology Solutions has reduced its revenue projection for FY24 to $18.9 billion from $19.7 billion, representing a growth rate of -2% to 2%. This includes a 100-basis-point contribution from acquisitions. The Nasdaq-listed company, which follows a Jan to Dec fiscal, had previously guided for 2024 revenue to be between $19 billion and $19.8 […]

Cognizant cuts 2024 revenue estimate Read More »

MUMBAI: Amid the cash crunch and delay in disbursement of full salaries to employees, Byju’s has started paying its sales staff on the basis of the revenue they generate for the company every week. Under the new structure which the company claims is temporary, employees across all levels of the department will get a certain

Byju’s links pay of sales staff to weekly revenue Read More »

CHENNAI: Freshworks founder Girish Mathrubootham has stepped down as CEO of the Nasdaq-listed software firm. He made his decision public early on Thursday, surprising investors and employees alike.Dennis Woodside, the company’s president, has been named the new CEO effective May 1, while Girish will take over as executive chairman and focus on product development.Freshworks stock

Freshworks founder quits as CEO, stock tanks 25% in US Read More »