Last week, Cognizant, an IT major based in the US, had rolled out a voluntary separation programme for directors, associate vice-presidents and senior vice-presidents, offering them six to nine months of salary. A Cognizant spokesperson had said that the number of employees to whom this voluntary separation programme is being offered represents a very small percentage of the total workforce of the company. Cognizant did not disclose the number of employees who have been offered this voluntary separation option but had said that it aims to wind up this process by the end of the second quarter. The spokesperson did not disclose any further details regarding the compensation but assured it was fair and gave a positive experience for those who decided to leave the company.