Overview
- Cognizant has announced plans to hire 20,000 fresh graduates in 2025, more than doubling last year’s intake, to support growth in managed services and AI-led software development.
- The company is focusing on three key areas: expanding its fresher workforce, leveraging AI for productivity, and optimizing utilization to manage human capital costs.
- 14,000 former employees have rejoined Cognizant, with an additional 10,000 rehires currently in the pipeline.
- Despite the hiring push, Cognizant's overall headcount remained stable at 336,300, reflecting a strategic balance between expansion and cost management.
- The New Jersey-headquartered company reported a 7.45% year-on-year revenue growth for Q1 2025, reaching $5.1 billion.