Workday to cut 1,750 jobs, shift focus to AI and global expansion

Workday said Wednesday it will lay off 1,750 employees, roughly 8.5% of its workforce, as part of a restructuring plan to invest more heavily in artificial intelligence (AI) and accelerate international growth.

The California-based company disclosed the layoffs in a filing with the US Securities and Exchange Commission, attributing the decision to its focus on what its leaders call “durable growth.” While details on specific departments affected were not provided in the filing, executives emphasized that artificial intelligence initiatives and overseas markets represent key areas where the company will continue hiring.

“Companies everywhere are reimagining how work gets done, and the increasing demand for AI has the potential to drive a new era of growth for Workday,” Carl Eschenbach, CEO of Workday, said in a memo to employees included with the filing.