Workday cuts nearly 2,000 employees

Category: Business

Workday has laid off 1,750 employees, approximately 8.5% of its workforce, as part of a new approach to adapt to the current market. This follows similar layoffs by other tech companies like Okta and Cruise.

Keywords: Workday, layoffs, tech industry

Source: TechCrunch

Update At: 2/6/2025

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Workday lays off 1,750 employees, or about 8.5% of its workforce

Workday is laying off approximately 1,750 employees, representing 8.5% of its workforce, as part of a restructuring plan aimed at enhancing growth and focusing on artificial intelligence investments. The company will notify affected employees and provide severance packages. Despite the layoffs, Workday plans to continue hiring in specific areas. The restructuring is expected to incur costs between $230 million and $270 million.

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