Cognizant incurs $229 million in 2023 as a part of its NextGen programme

As a part of the NextGen programme, the US-based Cognizant Expertise Options in 2023 incurred $115 million of worker separation prices and $114 million of facility exit and different prices totalling $229 million. It expects to incur whole prices of about $300 million, with about $70 million of such prices anticipated in 2024, the corporate … Read more

Cognizant incurs $229 million in 2023 in direction of NextGen programme

In 2023, Cognizant incurred $115 million in worker separation prices and $114 million in facility exit and different prices totalling $229 million, or 1.2 per cent as a share of the revenues for the yr ended December 31, 2023, in reference to the corporate’s NextGen programme launched in Could 2023. It expects to incur whole … Read more