Location: null.
Department affected: AI CERTs.
Based on news reporting.
Cognizant Technology Solutions Corporation has announced layoffs affecting 500 employees as part of its AI workforce restructuring initiative known as Project Leap. This decision comes in response to the evolving demands of the AI sector and aims to streamline operations within the AI CERTs department. The layoffs are set to take effect on October 1, 2023. Cognizant's restructuring reflects a broader trend in the tech industry as companies adapt to changing market conditions and technological advancements. The company has emphasized its commitment to remaining competitive while managing its workforce effectively.
Cognizant Technology Solutions Corporation cut 500 jobs affecting its AI CERTs team as of October 1, 2023.
That is roughly 0.1% of the 340,100 people Cognizant Technology Solutions Corporation employs.
LayoffTalk has tracked 16 layoff events at Cognizant Technology Solutions Corporation since October 2023, affecting a combined 28,100 employees.
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