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In support of its Synapse initiative, Cognizant’s philanthropic funding reaffirms its long-standing commitment to training people for the jobs of the future
TEANECK, N.J., April 11, 2024 /PRNewswire/ — Cognizant (Nasdaq: CTSH), a leading global technology company, has awarded $70 million in philanthropic funding through 117 grants to 77 organizations worldwide. world since 2018. This milestone builds on Cognizant’s long history of investing philanthropic dollars in global training programs and creating partnerships that drive the economy. Mobility for underrepresented communities. More recently, Cognizant’s corporate giving effort has been integrated as a key part of the company’s Synapse initiative to train one million people for the jobs of the future by the end of 2026.
Cognizant has a deep history of investing in global workforce training and education, as well as elevating underrepresented communities and marginalized groups through pathways to success. As a key part of Cognizant’s recently launched Synapse initiative, philanthropic dollars, community partnerships and volunteerism will aim to help 300,000 people make successful career transitions into AI technology and future jobs.
Commenting on these initiatives, Tobi Young, Senior Vice President and Head of Corporate Affairs at Cognizant, said: “Cognizant launched Synapse as part of our commitment to upskill and prepare the workforce for AI and the digital economy. We are proud to invest with our nonprofit and community education partnerships to equip people with new technology skills, sustain communities as the digital economy grows, and improve economic opportunities for all.”
Cognizant focuses its skills investments on organizations that 1) provide early access to learning and networking; 2) create pathways for people to enter or advance their careers in technology, and 3) inspire new ideas that drive the technology industry forward in support of skills. Together, these organizations have been instrumental in inspiring, educating and preparing communities and individuals of all ages to succeed in today’s rapidly evolving workforce. In 2023 alone, a sample of Cognizant’s global corporate giving includes:
1. Organizations that provide early access to learning and networking, such as:
2. Organizations that create pathways for people to start and advance their careers in technology, such as:
3. Organizations that inspire new ideas that drive the technology industry in support of skills, such as:
Cognizant’s Synapse initiative aims to prepare and equip people from diverse backgrounds, around the world, who have lacked access to technological skills to participate and thrive as more jobs become dependent on technological knowledge. Cognizant believes that a key ingredient of sustainability is investing in training and upskilling so that people have the technological skills necessary to sustain their livelihoods and communities. To learn more about Synapse, visit here.
About CognizantCognizant (Nasdaq: CTSH) designs modern businesses. We help our clients modernize technology, reimagine processes, and transform experiences so they can stay ahead in our rapidly evolving world. Together, we are improving everyday life. See how at www.cognizant.com or @cognizant.
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