"No Work" at Workday As Company Cuts 525 Jobs While Still Hiring - International Business Times, Singapore Edition
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Workday is cutting roughly 525 jobs while continuing to hire for strategic roles, a combination that shows the company is changing where it wants to put its product and engineering resources rather than simply shrinking its workforce. "On September 29, 2026, certain functions within Workday announced reorganizations designed to better align team structures with Workday's strategic growth priorities," Workday said in its SEC filing. The cuts represent about 2.5% of Workday's roughly 21,000 employees and are concentrated primarily in Product and Technology. "These charges consist of approximately $40 million to $55 million of future cash expenditures related to severance payments, employee benefits, and related costs and approximately $10 million in non-cash charges for stock-based compensation," Workday said in the filing. At the same time, Workday said it will continue hiring in key strategic areas and locations throughout fiscal 2027. The result is a restructuring that removes positions from parts of the organization while adding them in others. "In February 2026, we announced a restructuring plan intended to better align our people and resources to our highest priorities in fiscal 2027," Workday said in its annual filing. That plan was intended to align people and resources with fiscal 2027 priorities and came around the time co-founder Aneel Bhusri returned as CEO after...
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