IT major Cognizant on Thursday said it will slash up to 7,000 jobs in the next few months as part of a cost reduction program. The move comes after Cognizant posted 4.1 per cent increase in net profit to USD 497 million for September 2019 quarter today. The US-based company, which has a significant portion of its workforce based in India, had posted a net profit of USD 477 million in the year-ago period.from IndiaTV: Google News Feed https://ift.tt/33egQjW
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