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ServiceNow cuts jobs while setting aside $211m for talent

ServiceNow, a US-based enterprise software company, has cut jobs in the US, the UK, and India.

Its quarterly filing for the period ended September 30 disclosed US$211 million in deferred compensation for key employees tied to its 2026 acquisitions, without breaking out how much was linked to Armis, Veza, or other deals.

The amount covered the first nine months of 2026, not a new third-quarter payment. It was booked as a prepaid asset and recognized over time in research and development expenses over the employees’ service periods.

ServiceNow recorded US$167 million in severance and related costs through September and said the restructuring is expected to be substantially completed in 2026. It was also cutting 300 jobs as it reworks teams.

In a separate announcement, ServiceNow said its Autonomous Security & Risk offering integrates Armis and Veza to govern AI agent identities and connected assets.

🔗 Source: Calcalist

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