financetom
Business
financetom
/
Business
/
Cognizant Technology Found Guilty of Discrimination by US Jury, Ordered to Pay Punitive Damages
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Cognizant Technology Found Guilty of Discrimination by US Jury, Ordered to Pay Punitive Damages
Oct 11, 2024 12:00 AM

11:36 AM EDT, 10/08/2024 (MT Newswires) -- Cognizant Technology Solutions ( CTSH ) systematically discriminated against non-Indian workers and should pay punitive damages to those affected, media reports said Tuesday, citing a US jury verdict.

The verdict was issued in relation to a class-action lawsuit that claimed the IT services company exploited the H-1B visa process, according to the reports.

The company is disappointed with the decision and intends to appeal, Cognizant's spokesperson said in an email to MT Newswires.

"We provide equal employment opportunities for all employees and have built a diverse and inclusive workplace that promotes a culture of belonging in which all employees feel valued, are engaged and have the opportunity to develop and succeed," the company's spokesperson added.

Price: 75.88, Change: -0.12, Percent Change: -0.16

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved