Based on news reporting.
Cognizant Technology Solutions Corporation has seen a significant turnover, with 10,700 employees leaving the company over the past year. This attrition rate has risen to 15.9%, indicating challenges in retaining staff. The article highlights the impact of this high attrition on the company's operations and workforce stability. While specific reasons for the departures are not detailed, the trend reflects broader issues within the tech industry regarding employee retention and satisfaction. The situation underscores the need for Cognizant to address workforce management and employee engagement strategies moving forward.
Cognizant Technology Solutions Corporation cut 10,700 jobs as of February 10, 2025.
That is roughly 3.1% 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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