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1,700 employees affected by cuts, or 8.5% of workforce
A workforce management giant will lay off 1,750 employees to make way for AI
Nearly 8.5% of staffers will be affected as Workday joins the ranks of Salesforce and Klarna in paving a new way of work.
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 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.
1d
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 ...
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Salesforce (CRM) and Workday Are Increasingly Hiring Internationally to Cut Costs
To maintain profitability while investing in artificial intelligence, software companies are increasingly hiring outside the U.S. This strategy ...
1d
Salesforce, Workday Hire Overseas During Layoffs to Save Cash
Software companies are under pressure to invest in new artificial intelligence capabilities without denting profits. One increasingly popular strategy to keep costs low is to shift hiring outside the ...
1d
on MSN
Workday layoffs: HR enterprise software maker is cutting hundreds of jobs amid AI push
The cuts are part of a broader restructuring plan. CEO Carl Eschenbach said demand for artificial intelligence could “drive a ...
2d
Workday to Cut Nearly 2,000 Workers on Profit Focus
Workday Inc. is cutting about 8.5% of its workforce, making it the latest technology company to begin 2025 with headcount ...
1d
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 ...
14h
Bay Area tech job cuts top 2,000 mark in 2025 as sector streamlines
Several tech companies have revealed plans for a new round of Bay Area layoffs that could erase thousands of jobs ...
3h
Is 2025 a year of layoffs? Why Google, Amazon, Microsoft, Meta and other US tech giants have cut jobs? Explained
Many US tech giants such as Microsoft, Meta, Amazon, Salesforce, Walmart, Stripe and other companies have announced job cuts ...
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