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Workforce

Welcoming Former Employees Back: One of the Smartest Talent Strategies Available

Welcoming Former Employees Back: One of the Smartest Talent Strategies Available

The modern career path is no longer linear, it’s cyclical. As boomerang employees now represent 35% of all new hires (and 68% in tech), forward-thinking companies are discovering that welcoming former employees back is one of the smartest talent strategies available. They come with institutional knowledge, proven performance track records, and fresh skills from elsewhere.
Cognizant Layoffs: The Company May Cut Up to 15,000 Jobs, and India Is in the Crosshairs

Cognizant Layoffs: The Company May Cut Up to 15,000 Jobs, and India Is in the Crosshairs

Cognizant layoffs are back in the headlines. The IT giant’s newly launched Project Leap may eliminate up to 15,000 roles globally, with India, home to over 250,000 of its workforce, set to shoulder the heaviest blow. The restructuring is expected to cost between $230 million and $320 million.