Lindy Tarrah

Cognizant Layoff Latest News 2024.  — it major cognizant, on thursday, said it will lay off 3,500 employees, or approximately 1 per cent of its workforce, as it sees revenues slowing down in 2023.  — cognizant technology solutions corp.

The layoffs are part of the company’s broader effort to rationalize its office spaces and cut costs. In the fiscal year 2023, cognizant experienced a decrease in its workforce by 7,600 individuals, bringing the total number of employees to 3.4 lakh, a dip from the figures recorded in the previous year.