NASDAQ:CTSH

Cognizant Layoffs: Up To 15,000 Jobs May Be At Risk As India Braces For AI Shake-Up
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Cognizant Layoffs: Up To 15,000 Jobs May Be At Risk As India Braces For AI Shake-Up

Cognizant is considering cutting 12,000 to 15,000 jobs globally, with most reductions likely in India, Moneycontrol reported, citing sources. The company has not confirmed numbers but expects $200 million to $270 million in severance costs under its Project Leap restructuring. Cognizant ended March with 357,600 employees and reported $5.41 billion in first-quarter revenue.
May 5, 2026

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