ServiceNow conducts another round of layoffs affecting employees in the US, UK, and India

on November 06, that according to Calcalist, US enterprise software company ServiceNow is conducting a new round of layoffs, with affected employees located in the UK, the US, and India. The company stated that this move is part of a business restructuring, while simultaneously hiring for artificial intelligence roles, aiming to maintain a total headcount at the end of 2026 that matches the beginning-of-year figure.

ServiceNow did not disclose the specific number of layoffs. The company's latest financial report shows severance and related employee costs totaled $87 million in the third quarter, with a cumulative total of $167 million for the first nine months of 2026. The company said the workforce adjustment is tied to AI-driven efficiency gains and hiring in strategic areas, and is expected to be largely completed in 2026.

Since at least July, ServiceNow has conducted multiple rounds of layoffs, affecting hundreds of employees at the time, including staff in Israel. ServiceNow's stock price has dropped over 30% year-to-date.