Enterprise Software News
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Workday to Cut About 2.5% of Workforce, Mainly in Product and Technology
Workday, Inc. disclosed on September 29, 2026 via SEC Form 8-K that it is reducing its global workforce by approximately 2.5%, with cuts concentrated in its Product and Technology organization. The company also announced select leased office space reductions. Total restructuring charges are estimated at $65M–$80M, with the bulk ($55M–$70M) to be recognized in fiscal Q3 2027. Non-GAAP financial guidance for fiscal 2027 remains unchanged from the August 27, 2026 earnings call.
ADP Partners with AWS to Accelerate AI-Powered Innovation in Human Capital Management - HRTech Series
ADP has announced a strategic partnership with Amazon Web Services (AWS) aimed at accelerating AI-powered innovation across its Human Capital Management platform. According to the source report, the alliance represents a deeper cloud-infrastructure commitment intended to speed up product development for enterprise HR buyers. Specific deal terms, financial details, and named product deliverables were not disclosed in the available information.
Salesforce leads $166 million investment in HiBob, valuing Israeli HR tech company at $3.2 billion - calcalistech.com
Salesforce has led a $166 million funding round in HiBob, an Israeli-founded modern HRIS platform, pushing the company's valuation to $3.2 billion. The investment represents one of the largest recent bets on next-generation core HR infrastructure and underscores growing enterprise software interest in the HR technology sector.
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