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 said on Wednesday it will cut around 1,750 jobs, or 8.5% of its current workforce, as the human capital management firm invests heavily in artificial intelligence to counter a softer macroeconomic environment.

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

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.

Workday has announced plans to cut 1,750 jobs, impacting around 8.5% of its workforce. The company stated that the move is aimed at prioritising investments in artificial intelligence and global expansion.

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.