Indian IT Giants Accuse Cognizant of Unethical Talent Poaching
Two top-tier Indian IT firms, Infosys Limited INFY and Wipro Limited WIT, are embroiled in a dispute with competitor Cognizant over what they claim are unscrupulous poaching tactics. The conflict has escalated amid increasing executive turnover and a tightening business environment.
Rising Attrition and Tough Business Climate
Both INFY and WIT have reported higher levels of attrition at the senior level, which has compounded the challenges posed by a rapidly evolving and competitive IT landscape. The strenuous business context has intensified the rivalry among these leading companies.
Allegations of Unethical Poaching
The allegations of unethical poaching stem from Cognizant's aggressive recruitment strategy that INFY and WIT claim is targeting their top talents in a manner that violates industry norms. This has triggered concerns about the potential impact on both firms' ability to maintain competitive advantage and market share against the aggressive approach of Cognizant.
Company Profiles
Infosys Limited INFY delivers cutting-edge digital consulting, technology, outsourcing and services, servicing clients across North America, Europe, India, and other international locations. Headquartered in Bengaluru, India, INFY maintains a significant presence in the global IT sector.
WIT, or Wipro Limited, operates as a formidable player in global IT, consulting, and business process services. Also based in Bengaluru, India, WIT has carved out a significant niche for itself within the information technology industry.
attrition, poaching, IT