Category: Business
Workday announced it will cut 1,750 jobs, or 8.5% of its workforce, as part of a restructuring to embrace artificial intelligence. This follows a previous 3% reduction in January 2023. CEO Carl Eschenbach emphasized the necessity of these cuts to adapt to a changing business landscape and highlighted the potential for AI to drive future growth. Affected employees will receive severance packages and support services.
Keywords: Workday, layoffs, artificial intelligence
Source: San Francisco Chronicle
Update At: 2/6/2025