The cuts are part of a broader restructuring plan. CEO Carl Eschenbach said demand for artificial intelligence could “drive a new era of growth.” It’s been a rough week for the tech industry. First, Salesforce announced it would lay off more than 1,

Workday is laying off 1,750 employees, essentially cutting down its total workforce by 8.5%, CEO Carl Eschenbach announced Wednesday.

Workday is cutting about 1,750 jobs, or 8.5% of its workforce. Workday CEO Carl Eschenbach said Wednesday the layoffs were necessary for ongoing growth efforts at the company — including a particular focus on artificial intelligence investments.

CEO Carl Eschenbach said the Bay Area-based software firm will be “prioritizing innovation investments like AI and platform development.”

Workday (WDAY) announced in a regulatory filing Wednesday that it plans to lay off approximately 1,750 employees, or 8.5% of its workforce, as part of a restructuring plan. The enterprise software company said the plan is intended to "continue advancing Workday’s ongoing focus on durable growth.

HR software giant Workday is following in the footsteps of Microsoft, Google, and Meta with a massive round of layoffs.

Workday has announced plans to cut 1,750 jobs. The cuts amount to 8.5% of the Pleasanton-based HR and employee management platform’s total workforce. According to an open letter from Workday CEO Carl Eschenbach addressed to “Workmates,

However, the layoffs will make Workday’s fourth quarter operating margin under Generally Accepted Accounting Principles (GAAP) 22 to 23 percentage points lower than its fourth quarter non-GAAP operating margin and its fiscal 2025 full-year GAAP operating margin 21 percentage points lower than its full-year non-GAAP operating margin.