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News 2026-09-29 20:20 UTC

Workday to Cut 2.5% of Workforce

By Katherine HamiltonWorkday is cutting 2.5% of its staff, primarily within its product and technology team.Along with the layoffs, the human-resources software company is also reducing some office space, according to a Tuesday filing with the Securities and Exchange Commission.As of January, Workd…

News 2026-09-29 20:05 UTC

Workday to cut workforce about 2.5% in reorganization

Workday launched a corporate reorganization aligned with strategic growth priorities, including a workforce reduction of about 2.5%. Restructuring charges are estimated at $65 million to $80 million, with $55 million to $70 million expected in fiscal 2027 Q3 and the remainder in fiscal 2027 Q4, including $15 million of