Based on news reporting.
Cognizant Technology Solutions Corporation is undergoing significant changes, including shedding office space and reducing headcount, which raises concerns about the company's stability. While specific numbers of employees affected by the layoffs were not disclosed, the company is also delaying salary hikes as part of its restructuring efforts. These moves suggest that Cognizant is either facing distress or is strategically repositioning itself for future growth. The article does not provide detailed information on the exact locations or departments impacted by these changes.
LayoffTalk has tracked 16 layoff events at Cognizant Technology Solutions Corporation since October 2023, affecting a combined 28,100 employees.
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