Pros

Plenty of projects, so no dearth of work. Good NA relocation policy. Flexibility offered to move across projects and verticals. Good training material and knowledge base in e-learning and certifications. Health benefits are good. Bench period offered between projects is good. Stock plan is good. CTSH shares are always above 20 dollars. Green card policy is good. Diversity in business is good. It is not totally dependent on any sector

Cons

You will Suffer from low self esteem if you are from premier league universities of India or america.
Not proud to be with Cognizant., service industry slavery, Exploitation of people in US who are on L1 visa. Cognizant is mostly into Testing. It should rename itself to Cognizant Testing Services. In media they say that they recruit MBAs from top schools to offer them challenging roles, but those ppor chaps are made to do manual testing or maintenance crap, albeit for a higher salary. At present Cognizant is laying off people secretly in the US. It should not do like this. Instead it should sent its US associates to India in this crisis.

Advice to Senior Management

Instead of trying to compete with idiot and third grade companies like Infosys and Wipro, Cognizant shud venture into products domain and compete with excellent rivals like Adobe, Google or Cisco