Cognizant expects revenue to drop this year, laying off 3500 workers 2023
Cognizant’s 2023 revenue decrease underscores the IT services industry’s woes, which relies on US sales. The corporation, which was once a bellwether of industry growth, will also lay off 3,500 workers and give up millions of square feet of office space to save costs. New CEO Ravi Kumar S announced these efforts to revive the … Read more