Cognizant cutting more jobs?

|About: Cognizant Technology Soluti... (CTSH)|By:, SA News Editor

Cognizant (NASDAQ:CTSH) is preparing to cut a few hundred workers in another round of layoffs to help with costs, according to The Economic Times sources.

The firm had 288,200 employees as of June 30, up 7% Y/Y.

Related: Earlier this month, CTSH reported Q2 beats and raised its FY earnings guidance.

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