Cognizant: 13,700 jobs cut

Headcount declined from 350,000 to 336,300 as AI deployment accelerated across client engagements. CEO stressed AI productivity boost. The connection to AI is moderate — while the company is investing in AI capabilities, the layoffs were attributed to broader restructuring alongside technology adoption. Of the 13,700 total positions affected, our methodology estimates that approximately 5,480 roles (40%) are attributable to AI-driven changes. This is part of a broader pattern in IT Services where companies are restructuring operations around AI capabilities while reducing headcount in functions susceptible to automation.