ServiceNow, Inc.

ServiceNow cuts hundreds of California jobs in AI-driven restructuring

Cutting jobs in California and internationally

ServiceNow has filed four rounds of California layoff notices in 2026, covering 486 jobs at its Santa Clara headquarters and San Diego office. The latest, filed Nov. 4, covers 62 workers whose jobs end Jan. 4, 2027.

Updated 5 days ago

ServiceNow launches AI Workflow Factory to turn workflow improvement into a continuous loop

New Capabilities

Shipped AI Workflow Factory, a generally available Arc personal agent and the AI Passport permission layer as one governed stack

ServiceNow's AI Workflow Factory, launched October 6 in Mumbai, is generally available worldwide. It links process mining, autonomous building tools and the App Engine under the AI Control Tower, which records agent actions. On October 28, ServiceNow raised its 2026 AI contract target to $1.7 billion, but missed on adjusted earnings per share, and shares fell 3.1%.

Updated Nov 1

Cohesity extends backup and disaster recovery to AI agents

New Capabilities

As of September 2026: Partner delivering real-time recovery for AI agents

Cohesity now backs up AI agents the way it backs up databases and file servers. Its Agent Resilience capability protects agent memory, configuration, credentials, guardrails, and workflows, with point-in-time recovery to a known-good state after corruption, misconfiguration, or prompt injection.

Updated Sep 22

The race to build the security operating system

Money Moves

As of May 2026: Acquiring Armis for $7.75B after $3.85B in prior 2025 security acquisitions

ServiceNow just agreed to pay $7.75 billion in cash for Armis, a cybersecurity startup that tracks vulnerabilities across hospital medical devices, factory equipment, and corporate networks. It's ServiceNow's largest acquisition ever—and its third billion-dollar security buy in 2025 alone. CEO Bill McDermott calls it building an "AI control tower" for cybersecurity, while Wall Street calls it a land grab.

Updated May 16

ServiceNow’s 5-for-1 stock split hits its record date, setting up a lower-priced ‘reset’ for trading

Money Moves

As of May 2026: Stock split executed Dec 17-18; navigating investor skepticism over $7.75B Armis acquisition announced Dec 23

ServiceNow's 5-for-1 stock split executed on schedule: shares distributed after market close December 17, split-adjusted trading began December 18. The mechanical transition was clean—one $850 share became five $170 shares—but the 'fresh start' narrative got drowned out almost immediately by deal noise and analyst skepticism.

Updated May 15