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Workday Lay's off 1,750 employees
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 new era of growth.” It’s been a rough week for the tech industry. First, Salesforce announced it would lay off more than 1,
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 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 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 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 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 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,
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on MSN
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 ...
2d
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
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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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 ...
22h
Workday AI Age Bias Case Should Be Class Action, Job Seeker Says
A lawsuit alleging Workday Inc.'s algorithm-based screening tools have kept employers from hiring workers age 40 or over ...
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on MSN
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.
9h
JMP Securities Reiterates “Market Outperform” Rating for Workday (NASDAQ:WDAY)
Workday (NASDAQ:WDAY – Get Free Report)‘s stock had its “market outperform” rating reiterated by research analysts at JMP ...
3d
Workday Stock Jumps on Layoff Plans
Workday (WDAY) layoffs will see the artificial intelligence (AI) system software company reduce its headcount by 8%. This ...
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