Workday to cut 3% of jobs amid a restructuring [MarketWatch]
Workday, Inc. - Class A (WDAY)
Last workday, inc. - class a earnings: 2/27 04:01 pm
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US:NYSE Investor Relations:
workday.com/en-us/company/investor-relations.html
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Source: MarketWatch
Referenced Symbols Workday Inc. plans to lay off about 3% of its staff, though the company said its move is “not the result of over-hiring.” The software company disclosed the job cuts in a Tuesday morning filing, with its co-chief executives saying that the reductions are part of a business realignment, according to a note to employees that was also filed with the Securities and Exchange Commission. “While our confidence in the fundamentals of our business and future growth prospects remains strong, we continue to operate in a global economic environment that is challenging for companies of all sizes,” Co-CEOs Carl Eschenbach and Aneel Bhusri said in their letter. As the company restructures and shifts around resources, it expects the cuts to largely impact the product and technology organization within Workday WDAY, Workday had about 15,200 employees globally as of Jan. 31, 2022, when the company last filed a 10-K with the SEC. It had 12,200 employees as of Jan. 31, 2020,
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WDAY
News
- Workday (WDAY) Cooled Down in Q1 [Yahoo! Finance]Yahoo! Finance
- Workday (WDAY), Randstad Team Up to Transform HR Operations [Yahoo! Finance]Yahoo! Finance
- EEOC says Workday covered by anti-bias laws in AI discrimination case [Reuters]Reuters
- Randstad Selects Workday for Global Finance, HR, and Talent Solutions [Yahoo! Finance]Yahoo! Finance
- Randstad Selects Workday for Global Finance, HR, and Talent SolutionsPR Newswire
WDAY
Earnings
- 2/26/24 - Beat
WDAY
Sec Filings
- 4/25/24 - Form 8-K
- 4/24/24 - Form 4
- 4/24/24 - Form 4
- WDAY's page on the SEC website