COGNIZANT TO LAY OFF SENIOR LEVEL EMPLOYEES ON COST CUTTING MEASURES!
Home > News Shots > BusinessBy Vaishvedhidha | Dec 24, 2019 08:38 PM
Cognizant has reportedly decided to lay off nearly 350 people in senior level who earn around 80 lakh to 1.2 crore per annum in cost cutting measures reports Economic Times.
![Cognizant to layoff senior-level employees on cost-cutting Cognizant to layoff senior-level employees on cost-cutting](http://www.behindwoods.com/news-shots/images/business-news/cognizant-to-layoff-senior-level-employees-on-cost-cutting.jpg)
The company is also all set to turn its focus towards digital skills more than traditional technology services. These employees are aged 50-55 and most of them are from India.
The reports further say that this is part of 10,000 to 12,000 mid- to senior-level positions that was announced to be laid off earlier.
“We have nothing to add to what was stated in our Q3 earnings call,” said a Cognizant spokesperson to Economic Times.
Tags : #COGNIZANT #LAYOFF #COST CUTTING #SENIOR LEVEL #EMPLOYEES #IT #IT JOB #IT FIRM #COMPANY
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