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Cognizant announces large scale job cuts, ripples felt in India too

Oct 31, 2019 14:27 IST

Cognizant has announced a huge round of layoffs. Between 10-12,000 people will be removed from their current roles, out of which 5,000 will be reskilled or redeployed. 

Over and above that Cognizant  has said it will shut some content moderation business for Facebook which will result in about 6,000 job cuts. 

Cognizant has a large work force in India and about 500 workers in  Hyderabad were engaged on the Facebook vertical.