Cognizant intends to reduce its workforce in 2026. The IT services company may eliminate over 4,000 positions globally. This action is tied to its $320 million "Project Leap" restructuring plan. The company is allocating $270 million for employee-related costs. These costs include severance pay for affected workers.
https://stlawyers.ca/blog-news/cognizant-job-cuts-may-2026/