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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.
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 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.
1h
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 — ...
8h
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.
4h
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 ...
4h
on MSN
A Human Resources Software Company Used By Most Fortune 500 Companies Is Laying Off 8.5% of Its Workforce
Human resources software platform Workday, a $73 billion company, announced on Wednesday that it is cutting 1,750 positions ...
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 ...
8h
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
on MSN
Workday Lays Off 1,750 Workers As Part Of AI Pivot
The business and HR software company announced significant cuts just a day after reports came out that Salesforce was doing ...
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