Cognizant Layoffs 2024 Usa

Cognizant Layoffs 2024 Usa. The company's nexgen program includes $200 million of costs related to the consolidation of office space and approximately $150 million in 2023. Cognizant's strong stock performance in 2023 likely to plateau in 2024 as it spending prospects remain uncertain.

Companies like apple, microsoft, dell, and more have undertaken. The layoffs, which will account for one per cent of the company’s total headcount, have been attributed to the company’s nextgen programme, which aims to simplify its.