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1,700 employees affected by cuts, or 8.5% of workforce
Workday layoffs: 1,700 employees affected by cuts, or 8.5% of workforce
Workday is laying off 1,750 employees, essentially cutting down its total workforce by 8.5%, CEO Carl Eschenbach announced Wednesday.
Workday Lays off 1,750 Employees, or About 8.5% of Its Workforce
Workday is cutting about 1,750 jobs, or 8.5% of its workforce. In a Wednesday memo to employees, published in a securities filing, Workday CEO Carl Eschenbach said the layoffs were necessary for ongoing growth efforts at the company — including a particular focus on artificial intelligence investments.
Workday to cut 8.5% of its workforce
Payroll processing company Workday said on Wednesday it will cut around 1,750 jobs, or 8.5% of its current workforce, as it grapples with competition and an uncertain spending environment. It expects to incur around $230 million to $270 million in charges connected to the cost reduction plan,
Layoffs, US Government
Layoffs Likely if Too Few US Government Employees Quit, Report Says
(Reuters) - Layoffs of federal workers would be "likely" if too few employees quit under the White House's deferred resignation program, the Washington Post reported on Tuesday, citing a memo from a General Services Administration official.
Federal layoffs ‘likely’ if too few employees choose to quit, memo says
The government is likely to lay off employees if not enough take an offer to resign now and be paid through September, a GSA official warns. The offer expires Thursday.
More than 20,000 US government employees willing to quit, US official says
More than 20,000 federal employees have informed the U.S. government they are willing to quit their posts under an incentive program that has a Thursday deadline, a U.S. official told Reuters on Tuesday.
12h
Workday layoffs: More Bay Area tech layoffs on the way
Kelsey Grammer recently revealed to the New York Post the reason why he had a 30-year falling out with “Cheers” co-star Ted ...
1d
on MSN
Trump administration plans sweeping layoffs among workers who don’t opt to resign
The Trump administration is planning widespread layoffs among the federal workforce soon, leaving employees who don’t accept ...
10h
on MSN
Texas chain Alamo Drafthouse hit with unfair labor practice complaint amid layoffs
Texas theater chain Alamo Drafthouse is accused of acting in bad faith during negotiations with the union representing New ...
1d
Tech layoffs in 2024: a timeline
Technology companies have continued to lay off staff in 2024, despite improving fundamentals. Here's an updated timeline of ...
14h
on MSN
Popular beauty brand makes startling announcement about mass layoffs
The global powerhouse announced thousands of employees will lose their jobs amid declining sales and the company will enact a ...
2d
on MSN
Stacey Abrams-founded voter activist group hit with mass layoffs after record-breaking ethics fine
A nonprofit political activist group founded by Georgia perennial candidate Stacey Abrams saw major layoffs this weekend ...
18h
Substantial layoffs 'likely' coming to federal workforce
Layoffs across the federal government are likely following Thursday’s deadline for employees to accept a resignation offer ...
34m
on MSN
Danville GoodYear employees prepare for layoffs
Goodyear announced that 850 employees will be laid off at its Danville location. This is part of the company’s global ...
1d
on MSN
Alamo Drafthouse Layoffs Prompt Unfair Labor Practice Charge
The United Auto Workers Local 2179, which represents workers at the chain's lower Manhattan and downtown Brooklyn locations, ...
NJBIZ
7h
Noom confirms layoffs at the digital health platform
The Princeton-based startup said the move was related to “a revenue mix shift within the Noom business" driven by a change in ...
5h
Workday layoffs: Human capital management firm to slash 8.5% of workforce amid AI surge
Workday will cut 1,750 jobs, about 8.5% of its workforce, to invest in AI and adapt to the economic climate. The company ...
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