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Saturday, 2 May 2026

Cognizant flags up to $270 million in severance, job cuts likely | Meta CEO Zuckerberg won't rule out more job cuts

Cognizant flags up to $270 million in severance, job cuts likely | Meta CEO Zuckerberg won't rule out more job cuts
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Daily Morning Newsletter
Sat, May 2, 2026
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Cognizant flags up to $270 mn in severance, job cuts likely
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It's not encouraging news for Cognizant employees. The company rolled out a global programme, Project Leap, and..
Meta CEO Zuckerberg blames layoffs on capital spending, won't rule out more job cuts
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Meta Chief Executive Mark Zuckerberg attributed the Facebook parent's planned layoffs to increased capital..
'Never even been to the location': JP Morgan executive Lorna Hajdini responds to sex harassment claims by 'brown boy Indian' Chirayu Rana
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JP Morgan executive Lorna Hajdini denies allegations of sexual harassment and abuse made by a junior employee in a..
'POSH can't be bypassed': Delhi High Court strikes down 'stigmatic' suspension based on parallel probe
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'Workers backbone of New India': UP CM Adityanath launches labour welfare schemes
Indian workers are central to Middle East oil -- yet, they're unseen: Prof Andrea Wright
Venezuela leader hikes minimum wage package by 26%
Brazil creates more formal jobs than expected in March
German unemployment rises above 3 million mark in April
Italy March jobless rate falls to 5.2% but 12,000 jobs lost
US weekly jobless claims decrease as labor market conditions remain stable
South Korean President Lee vows zero compromise on workplace safety in Labour Day address
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