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Cognizant to cut 15000 jobs worldwide under AI driven Project Leap restructuring
Business
Published on 6 May 2026
Layoffs are coming even as hiring ramps up
Cognizant is preparing for a major workforce reset under Project Leap, with potential cuts of 12,000 to 15,000 jobs worldwide. The company earmarked up to $270 million for employee related expenses within a $230 million to $320 million restructuring budget. With AI and automation driving a shift toward a “future operating model,” India is expected to face the heaviest impact.
- Cognizant may cut 12000 to 15000 roles globally under Project Leap
- Up to $270 million is set aside for employee related costs
- Restructuring targets an AI and automation led operating model
- India is likely to see roughly 12000 to 13000 roles affected
Read the full story at Startup Talky
This summarization was done by Beige for a story published on 
Startup Talky