Cognizant may fire more than 6,000 in appraisal this year
Monday, March 20, 2017, 10:28 AM
Cognizant is expected to fire more than 6,000 employees as part of its regular appraisal cycle this year. Media reports have suggested as many as 10,000 could be let go though it has been specified that this is part of Cognizant's normal appraisal process. In typical year, Cognizant generally lets go of 2-3% of its workforce, who are under-performers. Cognizant has over 265000 employees.