Under its realignment programme in 2019, Cognizant has incurred $22 million in executive transition costs, $64 million in employee separation costs, $45 million in employee retention costs, and $38 million in third-party realignment costs. Overall, it incurred $217 million in restructuring charges or 1.3% of revenue during the 2019 fiscal, as compared to $19 million, or 0.1%, in 2018.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2uWEXId
