Leaner workforce cuts costs for Cognizant, powers quarterly beat

(Reuters) - Cognizant Technology Solutions Corp beat Wall Street estimates for quarterly profit and revenue on Wednesday, as the information technology company brought down costs by trimming its workforce.Shares of the company were up 2%, after gaining nearly 5% so far this year.The company also said Vice Chairman Francisco D'Souza, who co-founded Cognizant and served as the chief executive officer from 2007 to 2019, would step down from the role. Cognizant warned of job cuts in October to..