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AI will boost productivity so ServiceNow won't have to backfill open jobs, CEO confirms

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Image accompanies the article at CNBC Technology. No description was extracted from the source.

ServiceNow CEO Bill McDermott told CNBC on Wednesday that he expects the company to have the same headcount to begin 2027 as it did to start 2026, even as it integrates acquisitions.

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McDermott said using artificial intelligence to boost worker productivity is key to cost discipline. "As you have attrition in the company, you don't have to backfill it," McDermott said. AI has been cited in recent layoff announcements from Block and Atlassian as companies have looked for cost savings provided by the technology. McDermott made headlines in March during an appearance on CNBC during which he said that unemployment for new college graduates "could easily go into the mid-30s in the next couple of years.

Read full article at CNBC Technology →