Cognizant Layoffs 2025. Cognizant to cut down 3,500 jobs amid fears of a slump in revenue this year. The company will also reduce its real estate costs by eliminating 80,000 seats and 11 million.
Further reductions have begun in 2024. Cognizant has announced plans to lay off 3,500 employees.
Cognizant To Cut Down 3,500 Jobs Amid Fears Of A Slump In Revenue This Year.
The company will also reduce its real estate costs by eliminating 80,000 seats and 11 million.
Further Reductions Have Begun In 2024.
It major cognizant to lay off 3,500 employees, reduce office spaces.
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The Layoffs Are Part Of The Company's Broader Effort To Rationalize Its Office Spaces And Cut Costs.
Software services firm cognizant plans to lay off 3,500.
Cognizant Is Looking At Enhancing Operating Discipline, A Move That Will Now Impact Nearly 3,500 Jobs At The Firm.
Cognizant does not anticipate these real estate actions will begin to generate savings until 2024 but by 2025, the company said it expects to reduce its annual real estate costs by approximately $100 million versus 2022.