15000 promotions @ Cognizant
Indian IT major, Cognizant is promoting over 15,000 associates (below manager level) across its global campuses. Effective May 01, 2010 the employees have assumed their new roles.
Its also being said that this is the first round of promotions and second round of promotions is about to start soon for the manager and above level employees. The company has over 78k employees.
With 15k promotions, Cognizant has become the first IT company to announce huge promotions in India. Last month Infosys had announce 7.5k promotions.
"This morning we announced global promotions for associates below the level of Manager. These promotions would be effective May 1, 2010. Cognizant's industry-leading growth over the past year has enabled promotion and career growth opportunities to a record number of employees," said Gordon Coburn, chief financial and operating officer, Cognizant in an e-mail.
Source: <a href="https://economictimes.indiatimes.com/news/news-by-industry/jobs/Cognizant-promotes-15000-staff-globally/articleshow/5885517.cms" target="_blank" rel="noopener noreferrer">Infosys: Cognizant promotes 15,000 staff globally - The Economic Times</a>
