Workday To Lay Off Employees Ahead Of Q4 Earnings
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.
The cuts are part of a broader restructuring plan. CEO Carl Eschenbach said demand for artificial intelligence could “drive a ...
Workday CEO Carl Eschenbach said all employees laid off in the U.S. will be offered a minimum of 12 weeks of pay, with ...
Workday will chop more than 600 jobs in the East Bay as it scouts for opportunities in artificial intelligence.
The business and HR software company announced significant cuts just a day after reports came out that Salesforce was doing ...
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