Cognizant to fire upto 4000 employees due to increased AI usage

Cognizant plans to cut around 4,000 jobs as it shifts toward AI-driven operations amid weak IT demand. While automation is reducing mid-level roles, the company will hire over 20,000 freshers, signaling a workforce transformation. The move reflects a broader tech industry trend where AI is reshaping jobs, focusing on efficiency and specialized skills rather than headcount.