Cognizant CEO Ravi Kumar on rejoining of 13,000 associates: “The mojo of the company is back”

Cognizant has seen nearly 13,000 employees return to the company. Ravi Kumar, the CEO of the Nasdaq-listed IT services firm, said this happened as the company recovered from its previous challenges and returned to growth and stability. Cognizant added 3,800 employees during the third quarter, a trend that its industry peers also mirrored. Despite these recent hirings, Cognizant’s overall headcount is still down by 6,500 year-on-year. However, the company didn’t reveal its hiring target for 2025.