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 […]
Tag: cognizant job cuts 2020
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 with analysts, Cognizant said that the cost cutting measures would lead to exit of about 10000-12000 mid to senior level employees from their current roles. […]