IBPS PO Mains 26 Nov 2022 Paper

 

Cognizant has reduced the maximum bench time for employees, opening up the possibility of higher numbers of exits in the coming months. The company has shrunk the bench time from 60 days to 35 days for those employees who aren't on billable projects. After 35 days, they could be asked to leave. The formal exit process may take another 60 to 90 days.

 

(A) Cognizant pays its employees even when they are not on billable projects.

(B) More layoffs will take place in Cognizant in the coming days.

(C) Headcounts in Cognizant are definitely going to shrink in the days to come globally.

(D) The company is trying to reduce its overhead expenses incurred on the employees.

(E) Pay and perk is set to decrease for Cognizant employees in the coming years.