Workday lays off 1,750 employees, citing demand for AI
Workday, the HR and finance management company, is the latest tech giant to lay off a mass of employees in the name of AI. In a Wednesday announcement titled "Changes to Position Workday for the Future,
Workday cuts nearly 2,000 employees
Workday becomes the latest tech company in recent weeks to cut headcount. Amazon, Okta and Cruise have also laid off employees.
Workday lays off 1,750 employees, or about 8.5% of its workforce
Workday is cutting about 1,750 jobs, or 8.5% of its workforce. Workday CEO Carl Eschenbach said Wednesday the layoffs were necessary for ongoing growth efforts at the company — including a particular focus on artificial intelligence investments.
Workday to cut 1,750 jobs to improve profitability
Workday Inc. is cutting about 8.5% of its workforce, making it the latest technology company to begin 2025 with headcount reductions.
Workday to cut 1,750 jobs in AI push
Workday said on Wednesday it will cut around 1,750 jobs, or 8.5% of its current workforce, as the human capital management firm invests heavily in artificial intelligence to counter a softer macroeconomic environment.
Workday To Lay Off Employees Ahead Of Q4 Earnings
However, the layoffs will make Workday’s fourth quarter operating margin under Generally Accepted Accounting Principles (GAAP) 22 to 23 percentage points lower than its fourth quarter non-GAAP operating margin and its fiscal 2025 full-year GAAP operating margin 21 percentage points lower than its full-year non-GAAP operating margin.
Workday chops 600-plus Bay Area jobs, one-third of worldwide layoffs
Workday will chop more than 600 jobs in the East Bay as it scouts for opportunities in artificial intelligence.
Workday lays off 1,760 employees to focus on AI and platform innovation
Enterprise resource planning software company Workday Inc. announced today that it will cut around 8.5%, or 1,760 jobs, from its workforce as part of a push for growth and increasing investments in artificial intelligence.
Workday to cut 8.5% of its workforce
Payroll processing company Workday said on Wednesday it will cut around 1,750 jobs, or 8.5% of its current workforce, as it grapples with competition and an uncertain spending environment. It expects to incur around $230 million to $270 million in charges connected to the cost reduction plan,
Workday to cut about 1,750 jobs, or 8.5% of workforce in restructuring
In a regulatory filing, Workday (WDAY) announced a restructuring Plan intended to prioritize its investments and continue advancing Workday’s
Workday to cut 1,750 jobs, shift focus to AI and global expansion
CEO says the move ‘has the potential to drive a new era of growth for Workday,’ but there are concerns about customer service during the transition.
Salesforce, Workday Are Hiring More Overseas to Save Cash
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Workday Announces 1,750 Layoffs As It Focuses on AI
HR software giant Workday is following in the footsteps of Microsoft, Google, and Meta with a massive round of layoffs.
Workday Stock Jumps on Layoff Plans
Workday (WDAY) layoffs will see the artificial intelligence (AI) system software company reduce its headcount by 8%. This ...
Pleasanton-based Workday to lay off 1,800 amid AI push
Pleasanton-based human resources software maker Workday is cutting more than 8% of its workforce, impacting nearly 1,800 ...
Workday layoffs: Human capital management firm to slash 8.5% of workforce amid AI surge
Workday will cut 1,750 jobs, about 8.5% of its workforce, to invest in AI and adapt to the economic climate. The company ...
Workday (WDAY): New Buy Recommendation for This Technology Giant
Bernstein analyst Mark Moerdler maintained a Buy rating on Workday (WDAY – Research Report) yesterday and set a price target of $298.00. The ...