IT services firm Cognizant Technologies Corp. (NASDAQ: CTSH) will be laying off as many as 10,000 to 12,000 employees in the coming months, the Times of India newspaper reported. The report was based on a letter by CEO Brian Humphries. It was earlier reported that Cognizant was getting out of the content moderation business, which scans web postings for objectionable content and counts Facebook as a customer. Humphries’ letter said that decision would affect approximately 6,000 roles.