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1,700 employees affected by cuts, or 8.5% of workforce
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.
Tech giant Workday lays off 1,750 employees in shift to AI
CEO Carl Eschenbach said the Bay Area-based software firm will be “prioritizing innovation investments like AI and platform development.”
Workday layoffs: 1,700 employees affected by cuts, or 8.5% of workforce
Workday is laying off 1,750 employees, essentially cutting down its total workforce by 8.5%, CEO Carl Eschenbach announced Wednesday.
2h
on MSN
Workday chops 600-plus Bay Area jobs, one-third of worldwide total
The software company Workday will chop more than 600 jobs in the East Bay — roughly one-third of its worldwide layoff plans — ...
5h
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 ...
9h
on MSN
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.
9h
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 ...
1d
Workday Axes 8.5% Of Its Workers: 'Realize This Is Tough News'
Workday CEO Carl Eschenbach said all employees laid off in the U.S. will be offered a minimum of 12 weeks of pay, with ...
1d
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 ...
2h
on MSN
Salesforce, Workday Are Hiring More Overseas to Save Cash
Software companies are under pressure to invest in new artificial intelligence capabilities without denting profits. One ...
21h
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 ...
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