Cognizant net profit up 3% YoY in Q1 FY23, to sack 3,500 emp

Cognizant net profit up 3% YoY in Q1 FY23, to sack 3,500 employees

Cognizant reported a nominal 3% YoY rise in its net profit in the March quarter of FY 23. However, the company reported a 0.3% decline in its revenue $4.8 billion in the quarter under review

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