Cognizant Technology Solutions layoffs, on the record
Every job cut, severance charge and restructuring Cognizant Technology Solutions reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 347,700 to approximately 351,600.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 347,700 | end of 2023 |
| 10-K for 2024 | approximately 336,800 | end of 2024 |
| 10-K for 2025 | approximately 351,600 | As of December 31, 2025 |
Job cuts, severance and restructuring
Our summaryInitiated the NextGen program, aimed at simplifying the operating model, optimizing corporate functions and consolidating and realigning office space, which includes reductions in headcount.
Word for word“Restructuring charges were $229 million or 1.2%, as a percentage of revenues for the year ended December 31, 2023.” 10-K for 2023
Our summaryCompleted the NextGen program, aimed at simplifying the operating model, optimizing corporate functions and consolidating office space.
Word for word“At the end of 2024, we completed our NextGen program, which was aimed at simplifying our operating model, optimizing corporate functions and consolidating and realigning office space to reflect the post-pandemic hybrid work environment.” 10-K for 2024
Our summaryRecorded restructuring charges related to the NextGen program, which fell from the prior year.
Word for word“Restructuring charges were $134 million or 0.7%, as a percentage of revenues for the year ended December 31, 2024, as compared to $229 million or 1.2%, as a percentage of revenue, for the year ended December 31, 2023.” 10-K for 2024
| Fiscal year ended | Restructuring charges |
|---|---|
| 2017-12-31 | $72 million |
| 2018-12-31 | $19 million |
| 2019-12-31 | $217 million |
| 2020-12-31 | $215 million |
| 2021-12-31 | $0 |
| 2022-12-31 | $0 |
| 2023-12-31 | $229 million |
| 2024-12-31 | $134 million |
| 2025-12-31 | $0 |
Cognizant Technology Solutions has filed no restructuring notice (Form 8-K, Item 2.05) since 2016. Companies file one only for a cut they judge material, so many announced layoffs never appear as one. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from Cognizant Technology Solutions’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-12. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.