Investing.com -- ServiceNow (NYSE: NOW) could cut up to 1,000 roles this year as part of a planned rightsizing following a string of acquisitions, people familiar with the matter told Investing.com. We're going to grow fast," McDermott said on the company's second-quarter earnings call in July. "With our AI Control Tower as the market standard, agentic deployments of ServiceNow AI increased ninefold in just nine months. Our $29 billion in remaining performance obligations is fueled by longer customer commitments and skyrocketing demand from our partner ecosystem." Related articlesExclusive: ServiceNow to cut up to 1K jobs as part of planned rightsizingXerox sells tariff refund claims at a discount to cut debtEuropean stocks react to blockbuster earnings and escalating U.S.-Iran conflict