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Company News

Chano Fernandez Takes the Helm as Co-CEO of Eightfold AI: A New Chapter in AI-Driven HR

Chano Fernandez has been appointed as the Co-CEO of Eightfold AI, effective January 2024. Previously, Fernandez led HR's transition into the cloud at Workday, where he served as Co-CEO and helped the company grow from $450M to $6B in revenu

Sep 21, 2023
Workday

Workday Announces Fiscal 2024 Second Quarter Financial Results with 16.3% YoY Increase in Total Revenues

PLEASANTON, Calif., Aug. 24, 2023 -- Workday , Inc. (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources, announced results for the fiscal 2024 second quarter ended July 31, 2023. Fiscal 2024 Second Quar

Aug 24, 2023
Company News

impress.ai Unveils impressGenie, a Generative AI-Based Workflow Builder

impress.ai , a leader in enterprise recruitment software solutions, announced the roll-out of their innovative product impressGenie – a generative AI driven bespoke recruitment workflow builder. Recruiters can easily design role-specific re

Aug 18, 2023
Company News

OneSource Virtual Joins the Highline's Payroll Payments Network To Provide Employee Financial Health And Well-Being Solutions

OneSource Virtual  (OSV), the leading provider of services for Workday, and an innovator of extensible applications built on Workday technology, announces a first-of-its-kind partnership with  Highline , a fintech company transforming payme

Aug 14, 2023
Column

How an Increasingly Competitive Job Market Is Impacting the Employee Experience in 2023

We're in a different labor market, with fewer job requisitions and increased competition among job seekers. Read on to learn how to attract top talent and cultivate higher levels of employee resilience in this new environment. Organizations

Jul 19, 2023
Company News

Workday Introduces the Next-Generation Elastic Hypercube Technology for Workday Adaptive Planning

PLEASANTON, Calif. ,  July 11, 2023   -- Workday, Inc.  (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources, today introduced the next generation of its patented Elastic Hypercube Technology (EHT), the

Jul 11, 2023
Earnings

Workday Announces Fiscal 2024 First Quarter Financial Results

Fiscal First Quarter Total Revenues of $1.68 Billion, Up 17.4% Year Over Year Subscription Revenues of $1.53 Billion, Up 20.1% Year Over Year 24-Month Subscription Revenue Backlog of  $9.79  Billion, Up 22.9% Year Over Year Total Subscripti

May 25, 2023
Product News

Workday Once Again Named a Leader in Human Capital Management by Independent Research Firm

Workday Human Capital Management Scores Highest in Strategy Category of HCM Vendor Report PLEASANTON, Calif. ,  May 22, 2023   Workday, Inc . (NASDAQ: WDAY), a leader in enterprise cloud applications for  finance  and  human resources , tod

May 22, 2023
Company News

Workday Celebrates Major Milestone: 10,000 Global Customers

Workday, a leading provider of enterprise cloud applications, recently celebrated a significant milestone, reaching 10,000 customer organizations globally. This achievement is a testament to Workday's commitment to customer success and inno

May 16, 2023
Company News

VNDLY Rebranding as Workday VNDLY: A Significant Step Towards Comprehensive Workforce Management

The workforce management landscape has taken a monumental leap forward as Workday, a leading provider of enterprise cloud applications for finance and human resources, announces the rebranding of VNDLY as Workday VNDLY . The integration of

May 10, 2023
Venture Capital

Berlin-based RYDES raises €3.5 million in Seed Funding to expand with its corporate mobility platform across Europe and the US

April 24, 2023/--Berlin-based corporate mobility budget platform  RYDES  has just announced a €3.5 million seed round led by Assembly Ventures and Rethink Ventures , and with participation from Futury Capital and business angel Jens Krüger,

Apr 24, 2023
Venture Capital

Zoom to acquire Workvivo to bolster employee experience offering: Putting people at the heart of hybrid work

The employee communication and engagement platform will give Zoom new ways to keep employees informed, engaged, and connected Friday, April 14, 2023  – Behind work are workers. Real everyday people. People who work to live, not live to work

Apr 14, 2023
Venture Capital

LMS365 Raises $20 Million to Enhance Employee Training through Microsoft Integration

LMS365 , a Danish online learning management system (LMS) designed for seamless integration with Microsoft products, has secured $20 million in its first institutional funding round. The platform, which is utilized by companies such as logi

Apr 13, 2023
Column

Scottsdale-based Paradox Launches Industry-First Conversational ATS for High-Volume Hiring

SCOTTSDALE, Ariz. — (March 22, 2023) — Paradox , the conversational hiring software helping global employers like Unilever , Nestle , L’Oreal , CVS Health , and General Motors transform hiring with automation that gets recruiting work done

Mar 27, 2023
Company News

Indeed, an American worldwide employment website, Lays Off 2,200 Workers Globally

MARCH 23, 2023/-- Indeed , an American worldwide employment website for job listings, lays off 2,200 workers globally. With sponsored job ads down 33% Indeed is reducing its workforce. This message was shared earlier today with Indeed emplo

Mar 23, 2023
Company News

Workday:How AI and ML Are Powering the Future of Work

At Workday, we’ve embedded AI and ML into the very core of our platform—delivering unrivaled business adaptability and competitive advantage to our customers. Here’s how. Workday has long believed that artificial intelligence (AI) and machi

Mar 15, 2023
Company News

Papaya Global Named to Fast Company's Annual List of the World's Most Innovative Companies for 2023

TEL AVIV, Israel ,  March 2, 2023 --  Papaya Global , the SaaS fintech company providing global payroll and payments technology, has been named to Fast Company's prestigious annual list of the  World's Most Innovative Companies  for 2023. T

Mar 3, 2023
Column

2023 Feb DHR Highlights: AI Becomes New Trend of Investment

In February 2023, DHRmap compiled and published a total of 33 investment and financing news, of which 23 were investment news and 10 were acquisition news. Meanwhile, several prominent leaders in the HR field, such as Workday , the Adecco G

Mar 2, 2023
Column

Workday Announces Fiscal 2023 Fourth Quarter and Full Year Financial Results, Fourth Quarter Total Revenues Up 19.6% Year Over Year to $1.65 Billion,

Fiscal Fourth Quarter Total Revenues of  $1.65 Billion , Up 19.6% Year Over Year Subscription Revenues of  $1.50 Billion , Up 21.7% Year Over Year 24-Month Subscription Revenue Backlog of  $9.68  Billion, Up 21.3% Year Over Year Total Subsc

Feb 27, 2023
Venture Capital

Workday Commits Additional $250 Million Investment Capital to Workday Ventures to Power Technology Innovation

MOUNT KISCO, N.Y. &NEW YORK- Kohlberg & Company, LLC (“Kohlberg”) today announced a strategic partnership with Engage PEO (“Engage” or “the Company”), a leading professional employer organization (“PEO”) providing HR outsourcing solutions t

Feb 7, 2023
Column

Josh Bersin:HR Technology 2023: What’s Hot? What’s Not?

The HR Tech market has been on fire for the last few years. More than $15 Billion of venture and PE money was invested and the number of startups is astounding. The average large company now has  more than 80 different employee-facing syste

Dec 26, 2022
Company News

Workday Appoints Carl Eschenbach to Co-CEO

Aneel Bhusri, Co-CEO, Co-Founder, and Chair to Remain Co-CEO through  January 2024 ; Expected to Assume Full-Time Role as Executive Chair at that Time Chano Fernandez  has Stepped Down as Co-CEO and as a Member of the Workday Board of Direc

Dec 20, 2022
Company News

Workday Announces Fiscal 2023 Third Quarter Financial Results

Fiscal Third Quarter Total Revenues of  $1.60 Billion , Up 20.5% Year Over Year Subscription Revenues of  $1.43 Billion , Up 22.3% Year Over Year 24-Month Subscription Revenue Backlog of  $8.62  Billion, Up 21.1% Year Over Year Total Subscr

Nov 30, 2022
Venture Capital

Spain’s Cobee raises $41M for an employee benefits ‘superapp’

Benefits are one of the great oxymorons of full-time employment: the name implies help and advantages, but in a lot of cases, it’s hard to know what perks and rewards you might have available to you, much less use them on a regular basis. N

Nov 22, 2022
Company News

Workday Global Study: Professional Services Leaders Say Digital Transformation Is Key to Resilience

Only 38% of professional services leaders say their organization is digitally well equipped to ensure business continuity in times of crisis. We talk with Workday’s Patrice Cappello and Justin Joseph to learn what this new research means an

Nov 19, 2022
Company News

Workday Invests in ESG Measurement Platform PulsESG

ESG measurement platform pulsESG announced today a strategic investment from Workday Ventures, the strategic investment arm of finance, and HR-focused enterprise cloud applications provider Workday. The companies also announced that pulsESG

Nov 15, 2022
Product News

The Global HR Software Market is expected to grow by $11.17 bn during 2022-2026, accelerating at a CAGR of 10.68% during the forecast period

The analyst has been monitoring the HR software market and it is poised to grow by  $11.17 bn  during 2022-2026, accelerating at a CAGR of 10.68% during the forecast period. Our report on the HR software market provides a holistic analysis,

Nov 7, 2022
Column

Workday and VNDLY: Our Vision for the Future of Total Workforce Management

With Workday and VNDLY, a Workday company, organizations can create a holistic talent strategy that maximizes their extended pool of talent. The rapid pace of change has reshaped not only the nature of work but also who does the work—as in,

Sep 11, 2022
Venture Capital

Sense Acquires AI-Powered Recruitment Provider, Skillate

San Francisco, CA – September 8, 2022  – Today,  Sense , the market leader in AI-driven talent engagement solutions for recruiting, announced its acquisition of  Skillate , an AI recruitment platform incubated within  SAP Startup Studio . T

Sep 8, 2022
Column

Next Generation HCM: It May Be Closer Than You Think.

But in the meantime, I want to talk about a big topic:  Next Gen HCM . What Is Next-Gen HCM? The Human Capital Management (HCM) market is a massive, business-critical market. Going back to the days of mainframe computers, applications like

Aug 28, 2022
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