Pros

If you are out of work, cant find anything else and need a job..

Cons

This is primarily a testing shop. Most companies see Cognizant as experienced testers regardless of your experience or background. The executives try to sell other services for Cognizant but are rarely successful due to the company's perception.
Most employees in US are managers and above. Testers are frequently brought in from India

Advice to Senior Management

Sell more quality work, not just testing services. Hire people who can help you sell quality work here in US