Cognizant Project Leap: $230–320M Restructuring Targets 12,000–15,000 AI-Replaceable IT Service Roles

Business Standard·high signal

Cognizant's Project Leap restructuring program may eliminate 12,000–15,000 positions globally at an estimated cost of $230–320M, specifically targeting application maintenance, BPO, and traditional IT support roles that automation has made redundant. India, accounting for 72% of Cognizant's workforce, faces the largest impact as the company shifts to a flatter 'broader and shorter pyramid' structure built around AI-powered service delivery.