Cognizant Eyes up to 15,000 Job Cuts, India Likely to See Biggest Impact
11 Articles
11 Articles
Cognizant Layoffs: IT Giant May Cut Up to 15,000 Jobs Globally Under ‘Project Leap’, India To Be Impacted | 📲 LatestLY
Cognizant is reportedly planning a global workforce reduction of 12,000-15,000 jobs under its 'Project Leap' restructuring, with India likely to be most affected. The company has not confirmed exact figures but expects significant severance costs. The move reflects a broader IT industry shift toward automation, AI adoption, and leaner workforce structures. 📲 Cognizant Layoffs: IT Giant May Cut Up to 15,000 Jobs Globally Under ‘Project Leap’, In…
Cognizant eyes up to 15,000 job cuts, India likely to see biggest impact
Cognizant is weighing a global workforce reduction that sources estimate could affect 12,000-15,000 employees, with India expected to see the largest share. The move under Project Leap reflects a wider shift towards leaner staffing models, automation and AI-led delivery across the IT services sector.
Cognizant may lay off 12,000-15,000 jobs globally; bulk of cuts in India
Cognizant has said it expects to incur $230 million and $320 million in costs under its newly announced Project Leap, with $200 million to $270 million set aside for severance and other personnel expenses
Cognizant Job Cuts 2026: Roles at Risk & How to Stay
The job cuts by Cognizant are rocking the Indian IT industry. As part of a massive restructuring program, Project Leap, that’s projected to affect up to 15,000 jobs, thousands of people — most of them in India — wonder if they’re next. There’s a clear-eyed view of what’s going on, who will be most at...
The ESN Cognizant could eliminate up to 15,000 jobs worldwide, most of them in India, according to the economic news site Moneycontrol. Listed on Nasdaq, the American company currently has 357,000 employees, including more than 70% in India. Cognizant claims to generate around 30% of its code with AI and aims to reach 50%. [...] The post Cognizant will sacrifice thousands of jobs on the altar of AI appeared first on ChannelNews.
Cognizant May Cut Up to 15,000 Jobs Globally: India Braces for Impact Under ‘Project Leap’ - Business League
Now the Indian IT landscape is facing another wave of structural disruption. Reports suggest that Cognizant may be preparing for massive layoffs, with 12,000 to 15,000 jobs at risk globally. Therefore, the company’s new restructuring plan, titled “Project Leap,” is aimed at pivoting the firm toward a lean, AI-led business model. Since over 2.5 lakh of its 3.57 lakh employees are based in India, the domestic workforce is expected to bear the brun…
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