Nice CEO links 500 job cuts to AI productivity gains, including in R&D...

Startups, tech and business | Nov 4, 2026, 5:44 PM

NICE, an Israeli-founded software company, plans to cut 500 jobs. CEO Scott Russell attributed the reductions to AI-driven productivity gains among developers and the removal of management layers.

The company is focusing on slower-growing business segments as part of the restructuring.

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