Cognizant Layoffs 2024 Usa. Cognizant says that its revenue will dip in 2023. It major cognizant, on thursday, said it will lay off 3,500 employees, or approximately 1.
On wednesday predicted weak revenues for 2024, as businesses cut back on it spending amid high. In 2023, nearly 2,000 tech companies made significant layoffs, resulting in over 260,000 tech workers out of their job by december that year.
19,350 Employees Laid Off โ See All January 2024 Tech Layoffs.
Cognizant says that its revenue will dip in 2023.
Moneycontrol News May 14, 2024 / 10:52 Am.
2024 revenue growth guidance of (2%) to 2% in constant currency;
In Connection With The Restructuring Program, Cognizant Expects To Record Costs Of Around $400 Million, With $350 Million Of Those Costs Anticipated In 2023 And $50.
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In 2023, Nearly 2,000 Tech Companies Made Significant Layoffs, Resulting In Over 260,000 Tech Workers Out Of Their Job By December That Year.
19,350 employees laid off โ see all january 2024 tech layoffs.
Cognizant Trims Workforce By 7,600 As Ai And Automation Take The Lead.
In connection with the restructuring program, cognizant expects to record costs of around $400 million, with $350 million of those costs anticipated in 2023 and $50.
Cash Dividend Increased 3% To $0.30 Per Share For Q1 2024;