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 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.
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.”
Tech giant Workday is firing nearly 2,000 employees and replacing them with AI
Workday's CEO Carl Eschenbach announced the layoff of more than 1,750 employees as he said the company will turn its focus to AI
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,
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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Workday to cut nearly 2,000 workers on profit focus
WORKDAY is cutting about 8.5 per cent of its workforce, making it the latest technology company to begin 2025 with headcount ...