ServiceNow cuts nearly 300 jobs in Silicon Valley

This is read by an automated voice.Please report any issues or inconsistencies here.

See more from the L.A.Times in Google Search.

Set us as preferred More tech layoffs are hitting Silicon Valley this week in its latest string of job losses.Santa Clara-based tech company ServiceNow filed nearly 300 layoffs across two offices in California on Thursday — 154 jobs were cut from its Santa Clara headquarters, and an additional 133 layoffs were reported in its San Diego office.

In previous earnings calls this year, ServiceNow Chief Executive Bill McDermott warned of even more layoffs ahead for the company.McDermott said the company would be leaving 2026 with the same amount of employees as it started with.

A spokesperson from ServiceNow said it began 2026 with roughly 29,000 employees, and currently has 30,000.This leaves room for roughly 700 more layoffs to hit the company before the end of the year.

Business Visa, Uber, Patreon and Intel announced more than 2,800 layoffs in the Bay Area, from Santa Clara engineering hubs to San Francisco offices, citing restructurings, automation and shifting business priorities.“ServiceNow is committed to having the right talent in the right roles, and that means making necessary changes to how we are structured,” a ServiceNow spokesperson said.“We are driving efficiencies across the business, actively investing in and hiring for AI-focused skills, and managing headcount with discipline to end 2026 where we started.”ServiceNow was founded as Glidesoft in 2003 by Fred Luddy as a cloud-based software company that manages business workflow systems for HR, IT and customer service operations.

McDermott took over as chief executive in 2019.The layoffs will take effect on Sept.

28 as the company downsizes its workforce in a shift to AI.Business Groupon announced layoffs last week as part of its AI restructuring plan, affecting up to 400 employees.ServiceNow is one of many California tech companies initiating mass...

Read More 
PaprClips
Disclaimer: This story is auto-aggregated by a computer program and has not been created or edited by PaprClips.
Publisher: Los Angeles Times

Recent Articles