Two well-known multinational corporations are laying off people in mid-senior level positions. Indian MNC Infosys and US-based Cognizant are reportedly letting go of thousands of people in a bid to cut down and restructure their organisations. Infosys could lay off as many as 12,000 people while Cognizant is removing 7,000 from jobs over the next few quarters.
Two well-known multinational corporations are laying off people in mid-senior level positions. Indian MNC Infosys and US-based Cognizant are reportedly letting go of thousands of people in a bid to cut down and restructure their organisations. Infosys could lay off as many as 12,000 people while Cognizant is removing 7,000 from jobs over the next few quarters.
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