Increments doesn't exist while management rewards themselves - werkgeversreview Prefer Not to State bij Cognizant

1 increment in past 3 years that too 2-3%. Company reporting profits by delaying/cancelling merit pay raises to employees and charging clients incremental fees. CEO and troop rewarded themselves with handsome hikes in the same period. Layoffs are being pushed under disguise of AI. In reality they are hiring freshers at cheaper cost nothing to do with AI capabilities. Automations executed are pathetic, for simple issue it takes 3-4 days to get resolved. Management has god syndrome with below average talent