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Product News

Workday 2025 Spring Release: 350+ New Features, Updates, and AI Enhancements to Streamline HR and Finance Processes for Customers Around the World

Workday has unveiled its 2025 Spring Release, introducing over 350 new features and updates designed to streamline HR and finance operations. This update integrates AI innovations across recruiting, workforce management, and financial proce

Mar 19, 2025
Venture Capital

Deel acquires Safeguard Global’s payroll division

Deel has acquired Safeguard Global’s payroll division, strengthening its global payroll capabilities by integrating Safeguard’s enterprise expertise with Deel’s tech-driven HR infrastructure. This acquisition enhances Deel’s ability to mana

Mar 11, 2025
Company News

Talent Shortage Concerns Drive Shift to Skills-Based Strategies, Workday Research Finds

Workday ’s latest report, The Global State of Skills, highlights a growing concern among business leaders: 51% fear future talent shortages, and only 32% feel confident in their workforce’s skills for long-term success. As AI reshapes indus

Mar 5, 2025
Column

Workday and Randstad Partner to Transform Hiring with AI

Workday and Randstad have partnered to revolutionize talent acquisition by integrating Workday’s AI-powered Recruiting Agent with Randstad’s vast talent network. This collaboration streamlines the hiring process, allowing recruiters to inst

Feb 27, 2025
Column

Workday Reports $8.446B Revenue in FY2025, Subscription Growth Hits 16.9%

Workday reported robust financial results for fiscal 2025, highlighting significant year-over-year growth in both total and subscription revenues. Fourth quarter total revenues reached $2.211 billion, up 15%, while subscription revenues ros

Feb 25, 2025
Company News

The Next Generation of Workforce Management is Here--Workday Unveils New Agent System of Record

Workday has introduced the Agent System of Record, a new AI-powered platform designed to help businesses manage their growing fleet of AI agents. This centralized system enables organizations to govern, track, and optimize both Workday and

Feb 11, 2025
Company News

Insperity Announces Fourth Quarter and Full Year 2024 Results

Insperity (NYSE: NSP), a leading HR solutions provider, reported its Q4 2024 and full-year 2024 financial results, with revenues reaching $6.6 billion for the year, a 1% increase year-over-year. Net income stood at $91 million , while adjus

Feb 10, 2025
Company News

Workday Announces Workforce Reduction of 1,750 Employees to Optimize Operations

Workday (NASDAQ:WDAY) is cutting 1,750 jobs, representing about 8.5% of its workforce, as part of a broader initiative to improve operational efficiency and refocus on core business areas. Despite the layoffs, Workday plans to continue hiri

Feb 5, 2025
Venture Capital

ASGN Incorporated to Acquire TopBloc, A Preferred Workday Services Partner

ASGN Incorporated (NYSE: ASGN), a leading IT services provider, has announced its acquisition of TopBloc, a high-growth Workday consultancy, for $340 million in cash and equity. This move positions ASGN as a key player in the expanding Work

Feb 5, 2025
Company News

Workday to Roll Out TechWolf's AI-Powered Skills Intelligence Across its Workforce, Making it Easier for Employees to Drive their Career Growth

Workday has announced the integration of TechWolf ’s AI-powered skills intelligence into its global workforce, benefiting over 20,400 employees. This partnership aims to enhance Workday’s existing skills framework by automating skills ident

Jan 29, 2025
Company News

Workday Assembles World-Class Academic Minds for Its AI Advisory Board to Define the Future of Work in an Intelligent World Download PDFShare to LinkedInShare to TwitterShare to Facebook

Workday announced the creation of its AI Advisory Board, composed of top academic experts, to advance responsible AI research and provide guidance on how AI is shaping the workforce and society. The board, chaired by UC Berkeley's Toby Stua

Jan 21, 2025
Venture Capital

HR Path Acquires IntSys Solutions, Strengthening Its Workday Expertise and Expanding Presence in Northern Ireland

HR Path , a global leader in HR consulting and HRIS solutions, has strategically acquired Northern Ireland-based IntSys Solutions, renowned for its Workday expertise and innovative HR services. This acquisition enhances HR Path's Workday ca

Jan 9, 2025
Venture Capital

Tenor Announces $5.4M Seed Funding to Scale AI for Leadership Development

Tenor , a new player in the HR technology landscape, has emerged from stealth mode with $5.4 million in seed funding led by Base10 Partners. Focused on revolutionizing leadership development, Tenor leverages AI-driven simulations to enhance

Dec 20, 2024
Venture Capital

Legion Technologies Secures $50M: AI-Powered Workforce Management on the Rise

Legion Technologies has secured $50 million in financing from Silicon Valley Bank, rounding out a $100 million funding round in 2024 and bringing its total funding to $195 million. Known for its AI-native, employee-centric workforce managem

Dec 12, 2024
Product News

Workday Unveils New Illuminate Capabilities for Peakon Employee Voice to Unlock Deeper and Faster Employee Insights with AI

Workday has introduced groundbreaking AI-driven enhancements to its Peakon Employee Voice platform, enabling managers to better understand and support employees through real-time insights and actionable recommendations. These innovations, s

Dec 11, 2024
Company News

Workday Appoints Liz Centoni to its Board of Directors

Workday, a leader in enterprise solutions for people and financial management, announced the addition of Liz Centoni, EVP and Chief Customer Experience Officer at Cisco, to its Board of Directors. With over two decades of expertise in drivi

Dec 3, 2024
Column

Workday FY2025 Q3: $2.16 Billion Revenue Marks 15.8% Growth, Fueled by Subscription Success and AI Innovation

Workday has reported strong Q3 FY2025 results, with total revenues of $2.16 billion (+15.8% YoY) and subscription revenues of $1.959 billion (+15.8% YoY). Operating income rose to $165 million, and non-GAAP diluted EPS reached $1.89, showca

Nov 26, 2024
Company News

Workday Names Rob Enslin President, Chief Commercial Officer

Workday has appointed Rob Enslin as President and Chief Commercial Officer (CCO) to lead its global commercial strategy, marking a significant step in its growth journey. Enslin, with over 30 years of experience in leading technology organi

Nov 26, 2024
Company News

Workday and Compa Partner to Revolutionize Compensation with Real-Time Data

Workday and Compa have announced a new partnership aimed at transforming how organizations approach compensation by integrating Compa's real-time market intelligence data into Workday’s platform. This collaboration will empower HR teams to

Nov 4, 2024
Earnings

Insperity Announces Third Quarter Results

Insperity, Inc. reported its third-quarter 2024 results, showcasing a slight decrease in worksite employees (WSEEs) by 2% year-over-year, with a total of 309,088 WSEEs. Despite this, Q3 net income stood at $3 million with a diluted EPS of $

Oct 31, 2024
Company News

Workday Named a Leader in 2024 Gartner® Magic Quadrant™ for Cloud HCM Suites for 1,000+ Employee Enterprises for Ninth Consecutive Year

Workday has been recognized as a Leader in the Gartner Magic Quadrant for Cloud HCM Suites for the ninth consecutive year, noted for its ability to execute and innovate. Workday’s AI-powered Illuminate platform enhances workforce management

Oct 28, 2024
Venture Capital

OLOID Gains Momentum with $6M Series A1 Funding and Completes Workday Certified Integration, Driving Expansion in Workplace Identity Solutions

OLOID, a pioneer in workplace identity management, has raised $6 million in a Series A1 funding round, led by Yaletown Partners and other strategic investors. This funding will further OLOID’s growth in providing passwordless access and ide

Oct 24, 2024
Company News

28 Higher Education Institutions Go Live with Workday Student in 2024

Workday Student, a next-generation AI-powered platform, is revolutionizing higher education institutions by integrating academic, financial, and HR operations. With the support of Workday Illuminate, this platform enables 28 institutions li

Oct 24, 2024
Venture Capital

HR Path Acquires IN-RGY, Expanding Global Reach and Strengthening Canadian Market Presence

HR Path, a global HR consulting leader, has acquired IN-RGY, a Canadian HR digital transformation firm. This acquisition strengthens HR Path's presence in the Canadian market and aligns with their global expansion strategy, supported by a r

Oct 9, 2024
Venture Capital

Jet HR Raises €12M in Seed Funding to Revolutionize Payroll Automation in Italy

Jet HR , an Italian startup, has secured €12 million in Seed funding, bringing its total funding to €16.7 million. Founded by Marco Ogliengo and Francesco Scalambrino, Jet HR aims to simplify payroll and HR processes for businesses in Italy

Sep 26, 2024
Product News

Randstad Debuts New App, Revolutionizing Connection Between Employers and Talent

Randstad, the world’s largest talent partner, has launched a new app designed to transform the connection between employers and job seekers. This AI-driven, two-sided marketplace gives job seekers unprecedented control over their employment

Sep 18, 2024
Product News

Workday Announces Workday Wellness, A New AI-Powered Solution to Help Companies Deliver More Personalized Health Benefits

Workday has launched Workday Wellness, an AI-powered solution designed to help companies deliver personalized health benefits based on employee preferences. Through a real-time data exchange with wellness partners, companies can easily acce

Sep 18, 2024
Company News

Workday Ventures Fuels Innovation with Strategic AI Investments in 10 Cutting-Edge Companies

Workday Ventures continues to fuel innovation with strategic investments in AI-focused companies, helping organizations enhance productivity and simplify business processes. The latest investments include firms like Censia, Glean, and Nayya

Sep 18, 2024
Company News

Welcome to the New Workday: A Reimagined User Experience Powered by AI

Workday has announced a reimagined user experience powered by AI, featuring the new Workday Assistant designed to streamline HR and finance tasks for employees. By integrating AI capabilities such as natural language processing, Workday Ass

Sep 17, 2024
Product News

Workday Launches Illuminate: The Next Generation of Workday AI

Workday Inc. has launched Illuminate, the next generation of its AI platform, designed to transform enterprise operations by leveraging the world's largest HR and finance dataset. Illuminate enhances decision-making, accelerates routine tas

Sep 17, 2024
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