Cognizant Lays Off 10,500 Employees in Q2 to Improve Cost Structure Amid COVID-19 Pandemic
As of June 30, the total headcount of the company stood at 2,81,200, from 2,91,700 employees on March 31. The voluntary attrition in the company declined to 10.5 per cent in Q2 of this year, revealed Cognizant CEO Brian Humphries during an earnings call with investors on Wednesday.