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Business Summary

Cognizant cuts Project Leap cost estimate to $180–250 million; headcount rises

IT services firm reports 10,100 more employees year-on-year; quarterly employee separation costs stood at $46 million; CEO says over 50% of its code is AI-assisted

By Storywire Newsdesk Published
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Cognizant cuts Project Leap cost estimate to $180–250 million; headcount rises
Cognizant cuts Project Leap cost estimate to $180–250 million; headcount rises — image via The Hindu Business feed — Credit: Storywire

Attributed summary

IT services firm reports 10,100 more employees year-on-year; quarterly employee separation costs stood at $46 million; CEO says over 50% of its code is AI-assisted

Read the original report — The Hindu Business

Storywire publishes attributed summaries for discoverability. Full reporting remains with the original publisher — we do not republish restricted full text.

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