India, May 2 -- Cognizant Technology Solutions is reportedly planning to cut around 4,000 jobs-approximately 1% of its global workforce-as it sharpens its focus on artificial intelligence and digital capabilities.
According to a report by Mint, citing sources familiar with the matter, the move comes as IT firms increasingly prioritise cost optimisation and prepare for a future where automation plays a larger role in daily operations.
While Cognizant has not officially disclosed the exact number of employees impacted, its management indicated during a post-earnings analyst call that over 20,000 freshers are expected to join the company this year-hinting at a likely reduction in mid-level roles.
The restructuring aligns with the company'...
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