Cognizant Technology Solutions plans to cut approximately 4,000 jobs. This represents about one percent of its global workforce. The company is shifting towards automation and artificial intelligence. It also launched Project Leap to invest in AI and digital capabilities. This marks the second round of layoffs under CEO S Ravi Kumar.
https://www.cnbctv18.com/education/cognizant-plans-4000-job-cuts-amid-ai-push-launches-project-leap-ws-l-19896374.htm