Workday CEO delivers unsettling message that AI is replacing labor [Yahoo! Finance]
Bank OZK (OZK)
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Source: Yahoo! Finance
the economics of enterprise software in a way that could benefit the company directly. "If FTE (full-time employee) count does go down, it's being replaced by AI replacing labor, not software right now," Bhusri said on the earnings call . "And as long as we continue to execute, we're a beneficiary of the shift to agentic work." That's a bold framing, and the numbers are starting to back it up. Workday says AI is driving bigger deals inside the installed base Workday reported that for Q1, more than 25% of new expansion ACV included AI, and those deals were more than 50% larger on average than expansions without it. Bhusri made a remark on the earnings call that stood out: He said he'd love to keep headcount as close to flat as possible for the year because Workday is already seeing productivity benefits from its own AI tools across R&D, customer success, and go-to-market. "That's different than what my view was coming in three months ago," he said. Workday is also expected
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