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ServiceNow# Layoffs# News

ServiceNow is cutting jobs across US, UK and India: what is the impact on your team?

According to multiple news reports, ServiceNow’s board approved $127 million in retention awards while the company continues to cut jobs as part of an AI‑focused restructuring. What's been reported so far:• The board approved $127 million in retention awards.• ServiceNow announced additional layoffs in the US, UK and India.• The cuts are tied to an AI restructuring effort.• Layoffs have been reported alongside a raise in the company’s cash target. If you work at ServiceNow, we'd like to hear:• What have you heard from managers or HR about the criteria for the layoffs?• How are the retention awards being communicated to employees, and who is eligible?• Are you seeing changes in team size or project priorities as a result of the AI restructuring? This thread was started by the Know The Boss team from news reports. Sources:CTech, "ServiceNow's board approves $127 million in retention awards as it cuts jobs": news.google.com ↗NowBen, "Exclusive: More ServiceNow Layoffs After Its Worst Stock Drop in History": news.google.com ↗People Matters - HR News, "ServiceNow layoffs hit UK, US and India as company restructures workforce": news.google.com ↗Tech in Asia, "ServiceNow cuts jobs in US, UK, India in AI restructuring": news.google.com ↗

Know The Boss team · 12h ago

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