ServiceNow Aims for $100M in Workforce Savings via AI, Reinvesting in Growth
ServiceNow plans to cut $100 million in headcount costs this year through internal AI implementations, CFO Gina Mastantuono revealed in Q2 earnings. While the workflow automation giant sees massive AI-driven productivity gains, savings will fund expanded engineering and sales teams rather than boost margins. This reflects a broader enterprise trend where Salesforce and Workday similarly leverage AI to reshape workforces while chasing 'massive' AI opportunities.