Workday Lays Off 500 Employees in Fresh Cuts, Product and Tech Teams Hit Hardest
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9 Articles
Enterprise SaaS company Workday is re-initiating layoffs. This time, it's cutting approximately 500 employees, most of whom are in its product and technology division. This is the company's second round of layoffs this year and is expected to incur up to $80 million in restructuring costs.
Workday lays off 500 employees in fresh cuts, product and tech teams hit hardest
The enterprise SaaS company Workday is cutting around 500 jobs, mainly in its Product and Technology teams. This is its second round of layoffs this year, with the company also expecting up to $80 million in restructuring costs.
Workday Layoffs: SaaS Provider Eliminating 500 Jobs in 2nd Workforce Reduction in 2026
Workday is cutting around 525 jobs, or 2.5% of its global workforce, in its second workforce reduction of 2026. The layoffs mainly affect product and technology teams as the software company realigns operations with its growth strategy. Workday expects restructuring charges of USD 65 million to USD 85 million, impacting its fiscal third-quarter results. Workday Layoffs: SaaS Provider Eliminating 500 Jobs in 2nd Workforce Reduction in 2026.
Workday is doing its second round of layoffs this year in the wake of the SaaSpocalypse
Aneel Bhusri took over as CEO in February.FortuneWorkday is letting go about 500 employees, marking its second round of layoffs this year.The cuts mainly target the company's product and technology team as it realigns for growth.The software-as-a-service company also lowered its fiscal Q3 outlook.Workday is conducting layoffs for the second time this year, this time affecting around 500 workers. It also trimmed its fiscal third-quarter earnings …
Workday (WDAY) Stock Falls as Company Announces Second Layoff Round of 2026
TLDR Workday is cutting about 500 jobs, roughly 2.5% of its workforce. The cuts mainly hit the Product and Technology team. Restructuring costs will run between $65M and $85M. This is Workday’s second layoff round this year, after cuts in February. WDAY stock is down about 12% year to date. Workday...
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