US-based IT services firm Cognizant has recently offered a voluntary separation package for select employees in the United States. As the company weighs its prospect due to the COVID-19 pandemic, it has offered the scheme to employees who move to the bench between May 1 to August 31, 2020. According to an internal email, the…
Over the next two years, Cognizant will focus on optimizing its core portfolio and invest in identified four areas – Data, Digital Engineering, Cloud, and IoT.Cognizant, in an effort to streamline its cost structure and focus on optimizing its core portfolio, plans to cut about 5000 – 7000 jobs. During the post earnings conference call…