Location: India.
Based on news reporting.
Cognizant Technology Solutions Corporation has announced a significant layoff of 15,000 employees, primarily affecting its workforce in India. This decision comes as the company faces challenges in the current economic environment, leading to a strategic restructuring aimed at improving operational efficiency. The layoffs are part of a broader trend within the tech industry, but Cognizant's specific cuts highlight the company's need to adapt to changing market demands. The layoffs are expected to have a substantial impact on the company's operations in India, where a large portion of its workforce is based.
Cognizant Technology Solutions Corporation cut 15,000 jobs as of October 1, 2023.
That is roughly 4.4% 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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