#cognizant
Cognizant eyes up to 15,000 job cuts, India likely to see biggest impact
The possible job cuts come at a time when many large IT firms are restructuring Slower spending by clients rising automation and the growing use of AI are changing the way companies operate
Cognizant Layoffs: Cognizant may slash 12,000-15,000 jobs globally; bulk of cuts in India
Cognizant has said it expects to incur $230 million and $320 million in costs under its newly announced Project Leap, with $200 million to $270 million set aside for severance and other personnel expenses
Cognizant trims shareholder payouts as AI dealmaking gathers pace
Cognizant joins TCS and HCLTech in cutting shareholder payouts as it channels more free cash flow into AI-led acquisitions and capability building.
Cognizant pre-leases 6.5 lakh sq ft in Chennai to set up GCC for US Bancorp
Cognizant has taken on pre-lease the Block 1 at Embassy Splendid TechZone, located on the Pallavaram–Thoraipakkam Road, a prime IT corridor in the city, sources say
Cognizant to cut 4,000 jobs as AI push, weak demand weigh on outlook
Cognizant’s Project Leap restructuring targets $300 million in savings and margin expansion, even as the company lowers full-year guidance amid a softer demand environment.