Yes — Cognizant could eliminate upwards of 4,000 jobs globally in 2026 as part of its $320-million “Project Leap” restructuring plan.
The IT services and consulting company is setting aside approximately $270 million for employee-related costs, including severance pay.
Multiple news outlets, including CNBC, People Matters, and Mint, provided coverage on the planned restructuring at Cognizant.
For a full overview of Cognizant layoffs and the rights that non-unionized employees in Canada have in this situation, see our Cognizant Layoffs & Severance Guide.
Disclaimer: The materials above are provided as general information about the rights of non-unionized employees in Canada. It is not specific to any one company and SHOULD NOT be read as suggesting any improper conduct on the part of any specific employer, or a relationship between Samfiru Tumarkin LLP and a specific employer.
Image: Facebook/SAPS The IDAC has rubbished rumours that it has a J50 warrant of arrest for KZN provincial police commissioner Lieutenant-General Nhlanhla Mkhwanazi as “false”. This comes after re...