Nasdaq-listed Cognizant initiated rationalisation of its top deck with a ‘voluntary separation’ programme at the director level and above in June with a generous severance payout of up to a year’s salary and other stock benefits based on their tenures in the company.

from Times of India https://timesofindia.indiatimes.com/business/india-business/cognizant-begins-to-rationalise-top-deck/articleshow/69510960.cms