ServiceNow has been cutting several hundred jobs as part of a global restructuring, the latest sign of pressure on the software industry. A ServiceNow spokesperson said a “low-single-digit” percentage of the company’s total staff has been affected by the cuts, which have occurred for several months this year. ServiceNow ended 2025 with 29,187 employees, so
OpenAI just gave software stocks a beating with its latest push into enterprise work. After the company on Wednesday unveiled a new product aimed at making AI agents more effective for customers, software stocks like Workday, Atlassian and HubSpot plunged. The product, called Presence, increases OpenAI’s competition with established software providers. As first reported by
Jensen Huang says his software engineers love how AI is changing their role. “These agent systems are new skills, and now we have a lot of software engineers creating agents,” the Nvidia CEO said in an interview published by the company on Wednesday. “If you ask me, every one of my software engineers would rather
