Software firm ServiceNow has initiated a global restructuring, resulting in the dismissal of hundreds of employees. The company stated these layoffs are intended to enhance operational efficiency and streamline the business. While the exact number of affected individuals was not disclosed, it represents a small percentage of the total workforce. This move contrasts with previous statements from CEO Bill McDermott regarding stable employee numbers. ServiceNow is simultaneously increasing hiring for AI-focused positions.
Santa Clara, California
https://www.cnbctv18.com/business/companies/servicenow-cuts-hundreds-of-jobs-as-employees-reveal-waking-up-to-separation-emails-19956563.htm