The layoffs are part of the company's broader effort to rationalize its. Cognizant's strong stock performance in 2023 likely to plateau in 2024 as it spending prospects remain uncertain.
Cognizant will also give up 11 million sq feet in office space, or 80,000 seats, in. The impact of cognizant layoffs on employees and the global workforce;
The Layoffs Are Part Of The Company's Broader Effort To Rationalize Its.
Software services firm cognizant plans to lay off 3,500 employees, around 1% of its workforce, this year as it looks to cut costs amid an expected decline in.
In The Fiscal Year 2023, Cognizant Experienced A Decrease In Its Workforce By 7,600 Individuals, Bringing The Total Number Of Employees To.
Technology companies have continued to lay off staff in 2024, despite improving fundamentals.
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Cognizant's strong stock performance in 2023 likely to plateau in 2024 as it spending prospects remain uncertain.
30, 2023 5 Am Pt.
The layoffs are part of the company’s broader effort to rationalize its.