Workday is laying off approximately 1,700 employees, or about 8.5%, as the company seeks to expand its global presence and prioritize artificial intelligence (AI). The mass layoffs were announced by CEO Carl Eschenbach in a note to employees on Wednesday.
Eschenbach stated that the decision was “difficult, but necessary” to help the company achieve its goals. Affected employees will be informed shortly, with varying termination processes depending on their location. US employees are eligible for at least 12 weeks of pay, while those outside the US will receive similar packages subject to local standards.
The layoffs come as Workday invests in AI and platform development to analyze return on investment opportunities across the firm. The company aims to expand its global footprint by investing in strategic locations with strong talent, speed decision-making, and accelerate innovation.
Eschenbach expressed gratitude to departing employees for their contributions to the company’s success, assuring them of support during the transition period.
Source: https://eu.usatoday.com/story/money/2025/02/05/workday-layoffs-today/78255563007