Cognizant: 10,700 jobs cut

Cognizant reduced its workforce by 10,700 employees, bringing its global workforce to 336,800, as the company invests in AI-driven transformation and ChatGPT-like tools. The connection to AI is moderate — while the company is investing in AI capabilities, the layoffs were attributed to broader restructuring alongside technology adoption. Of the 10,700 total positions affected, our methodology estimates that approximately 4,280 roles (40%) are attributable to AI-driven changes. This is part of a broader pattern in IT Services where companies are restructuring operations around AI capabilities while reducing headcount in functions susceptible to automation.