Cognizant likely to lay off 10,000 employees

American multinational company Cognizant is expected to reduce its employee count as a part of performance reviews. According to reports, around 75 percent of the total 260,000 employees in Cognizant are employed in India and the company is likely to lay off nearly 5 percent of them. A spokesperson from Cognizant has said that resizing their employee base is a part of their standard practice. 

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