The HRTech Wire · auto-curated
Wednesday, September 30, 2026
HR technology, every morning — wired to the companies and people behind it.
Leadership and workforce shifts headline today's HR-tech news, as JPMorgan Chase names its next HR chief, Workday moves to cut roughly 2.5% of its staff primarily in product and technology roles, and PowerToFly announces a pivot. On the AI front, PwC finds that skill levels are driving a growing workforce divide, while McLean & Company urges HR leaders to rethink their talent mix to navigate AI adoption, skills gaps, and rising costs. Investment activity remains active, with Metaview closing a $60M Series C, a construction workforce management platform raising $40M, and new entrants including Genius Match's hiring platform Geni and PitchMe's staffing-focused tool SONAR entering the market.
Filtered: #workforce restructuring · clear
WorkdayWorkday (SEC Form 8-K)· 8:53 AM PDT2 sources
Workday is cutting approximately 2.5% of its workforce, primarily in its Product and Technology team, and reducing some leased office space as part of reorganizations announced September 29, 2026, according to a Form 8-K filed with the SEC. It estimates $65 million to $80 million in charges — about $40–55 million in severance and related cash costs, $10 million in stock-based compensation and $15 million in lease impairments — mostly in the third quarter of fiscal 2027, while reiterating its fiscal 2027 guidance apart from GAAP operating margin and saying it will keep hiring in key strategic areas. Based on Workday's roughly 21,000 employees, Seeking Alpha estimates about 525 roles are affected.
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