Cognizant to Cut 15,000 Jobs Globally, Biggest Axe Yet for IT Giant Amid Tech Industry Shakeup

The information technology (IT) giant Cognizant is reportedly planning to cut 15,000 employee jobs worldwide. According to a source, this will be the largest number of job cuts at the company to date.
Prior to this, other leading tech companies like Oracle and Amazon have also laid off a substantial number of employees. The trend suggests a significant shift or restructuring within the global IT sector.