Employee Termination

Cognizant Spends Rs 350 Crore To Terminate Employees; Rs 200 Crore To Retain Employees! As per the reports coming in, the IT major, Cognizant has spent $49 million to pay for the employees it has let go and $29 million to retain key…

The trend of terminations and job loss is now giving rise to a new industry, called ‘Outplacement’, wherein a team of dedicated HR and Corporate experts ensure that the transition of terminated employees is smooth. These outplacement…