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Shock for Cognizant employees

In a big shock, global tech gaint Cognizant is planning to lay off about 3500 employees soon. Layoffs have become a common phenomenon in IT sector right now and techies are living under constant stress.

But the move to layoff at such a large scale by a reputed MNC like Cognizant is expected to create further panic among techies. Cognizant has decided to layoff as it predicted a dip in revenues and streamline its strategy.

While Cognizant is an US company, it mainly operates in India. With the decision to lay off 3.5k employees, Indian employees working in the tech company are expected to face the heat. 

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