The main reason for the downfall is the trust in the market cognizant has lost the trust among the clients the reason being the Case of Gordon which led to his removal from the company at the same time the disruption of the trust in the market.
Which has caused so many accounts to leave cognizant and go for some reliable company. So with many big accounts gone to the competitors the pressure to regain the trust and establish it self again led to so many people thrown out thus effecting is repo in the Indian market.
People staying in cognizant are also not happy due to late hike cycle no promotion.
These are the reason for fall of cognizant.
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