Pros
Easy to take shelter at this company if you take little pride in your work, have excellent brown-nosing skills, or have a golden parachute prepared.
Cons
Considering its aggressive policies requiring consulting professionals to relocate to client locations for projects regardless of duration (the alternative is to get fired after a mere 4 weeks of bench time or pay for your own business travel), CTS cannot expect to ever compete with the likes of "normal" consulting companies. Couple this with a host of shortsighted HR policies, unprofessional (and dishonest) vertical account management teams, and a culture of hiring figurehead executives who turn a blind eye to the company's obvious problems ... Cognizant will continue losing its best and brightest, leaving behind brown-nosers and brown-nosees.