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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Workday Revenue Hits $2.649 Billion as AI Drives More Than 25% of New ACV
Workday reported fiscal 2027 second-quarter revenue of $2.649 billion, up 12.8% year over year, with subscription revenue rising 13.9% to $2.471 billion. More importantly, AI is beginning to show measurable commercial impact: CEO Aneel Bhus
Product NewshireEZ Rebuilds Its Recruiting Platform From the Ground Up Around AI Agents
hireEZ has rebuilt its talent acquisition platform around agents, with access starting Aug. 27. EZ Agent works across 1B+ professional profiles plus ATS and talent community data, while recruiters retain approval over strategy, shortlists a
HotNewsWorkday Surges on Reported Silver Lake Takeover Talks: A New Test for SaaS in the AI Era
A reported takeover approach has suddenly put Workday at the center of one of the largest potential enterprise software transactions in years. Reuters reported on August 13 that technology investment firm Silver Lake has been in discussi
Company NewsPaylocity FY2026 Revenue Reaches $1.771 Billion as Net Income Rises 18.8% and AI Strategy Accelerates
Paylocity closed fiscal 2026 with double-digit growth, stronger profitability, and an expanded product strategy spanning HR, Finance, and IT. Fourth-quarter revenue rose 11.0% year over year to $444.7 million, while recurring and other reve
Venture CapitalDeel Surpasses $1.5B ARR With 15th Acquisition, Embedding Clarity’s Deepfake Defense Across Global Hiring
Deel has acquired AI cybersecurity company Clarity in its 15th acquisition after surpassing $1.5B in ARR. Clarity’s deepfake detection and identity verification will connect candidate screening, onboarding, device provisioning, and workforc
Company NewsADP Reports $21.95 Billion in Fiscal 2026 Revenue as AI Adoption Accelerates Across HCM, Service, and Sales
ADP closed fiscal 2026 with broad-based growth across revenue, earnings, client retention, and AI-enabled product adoption. Full-year revenue increased 7% to $21.95 billion, while net earnings rose 8% to $4.41 billion. Adjusted EBIT reached
hireEZ Combines 1B Open Web Profiles with Nexxt and Talroo to Rebuild the Top of the Recruiting Funnel
hireEZ announced strategic partnerships with Nexxt and Talroo to unify passive candidates, nurtured talent and active applicants into one agentic recruiting workflow. The platform combines hireEZ’s 1B open web profiles with Nexxt’s 150M+ candidate...
Paris-Based HR Path Secures Near-$1 Billion Ardian-Led Transaction to Accelerate Global Expansion
HR Path has secured a near-$1B transaction led by Ardian to accelerate global growth. Founded in Paris in 2001, the company now has ~2,600 employees, operates in 30 countries and serves 3,000+ clients, with...
Corestream Secures Strategic Investment from Lightyear Capital to Accelerate Product Innovation and Platform Expansion
Lightyear Capital has made a strategic investment in Corestream, a voluntary benefits and employee savings technology platform. Founded in 2006, Corestream serves over 6M employees and reconciled more than $500M in payroll premiums in...
Korn Ferry to Acquire UK-Based AMS for Approximately £850M, Creating a Global Talent and Organizational Consulting Leader
Korn Ferry will acquire UK-headquartered AMS from OMERS Private Equity for approx. £850M / $1.1B. The combined firm will have 16,000+ colleagues, operate across 120+ countries, and place a professional in a job about...
Cegid Acquires Shine to Build Europe’s First AI-Powered Financial and HR Hub for SMBs
Cegid has completed its acquisition of fintech unicorn Shine, creating Europe’s first fully integrated AI-driven financial hub for SMBs and accountants. The combined company now serves 1M+ SMBs, 15,000 accountants, operates across 7 Europea
Cornerstone Launches Workforce AI to Redefine Enterprise Workforce Readiness
Cornerstone has launched Cornerstone Workforce AI™, an intelligence platform for workforce readiness powered by Cornerstone People Graph™, Cornerstone Skills Engine, 55,000+ skills, 1B+ workforce profiles, labor market intelligence, and Rea
Company NewsGusto Surpasses $1 Billion in Revenue, Serving More Than 500,000 Small Businesses
Gusto has surpassed $1B in trailing 12-month revenue, serving 500,000+ U.S. small businesses. The company added roughly 50,000 customers last quarter, achieved five consecutive quarters of ARR acceleration, and says more than half of ARR no
Company NewsWorkhuman Reaches 8 Million Users Worldwide
Workhuman ’s employee recognition platform now supports 8M users across 180+ countries and has facilitated 100M+ recognition moments . With a “thank you” sent every 2 seconds , the platform powers a $1B global rewards marketplace and shows
ColumnWorkday Announces Fiscal 2026 Fourth Quarter and Full Year Financial Results
Workday reported strong fiscal 2026 fourth quarter and full-year results, underscoring sustained growth and expanding profitability as it accelerates its enterprise AI strategy. Q4 total revenues reached $2.532 billion, up 14.5% year-over-y
Company NewsDailyPay Upsizes Secured Credit Facility to $960 Million
DailyPay announced a $200 million upsizing of its secured credit facility, increasing total committed capacity to $960 million and pushing its total debt financing backed by On-Demand Pay receivables above $1 billion. The expanded facility
Venture CapitalDayforce acquired for $12.3B by Thoma Bravo
Thoma Bravo has completed its acquisition of Dayforce in a transaction valued at approximately $12.3 billion, marking one of the largest private equity deals in the human capital management (HCM) sector. Under the terms, shareholders receiv
Company NewsADP Reports Q2 FY2026 Revenue of $5.4 Billion, Up 6% Year over Year
ADP Reports Second Quarter Fiscal 2026 Results •Revenues increased 6% compared to last year's second quarter to $5.4 billion; 5% organic constant currency •Net earnings increased 10% to $1.1 billion, and adjusted net earnings increased 10%
Company NewsWorkday Commits CAD $1 Billion Investment in Canada Over Five Years
Workday has announced plans to invest CAD $1 billion in Canada over the next five years, reinforcing its long-term commitment to the Canadian market and its rapidly growing customer base. The investment will focus on expanding local technol
Company NewsPaychex Announces $1 Billion Stock Repurchase Authorization and Declares Quarterly Dividend
Paychex , Inc. (Nasdaq: PAYX), a leading provider of human capital management solutions, has announced a major capital return initiative, reinforcing its long-standing commitment to shareholder value. The company’s Board of Directors author
Company NewsPaychex Delivers 18% Revenue Growth in FY2026 Q2, Accelerated by Paycor Acquisition and AI Innovation
Paychex reported strong second-quarter results for fiscal year 2026, delivering 18% year-over-year revenue growth and continued progress toward its long-term strategy of building a comprehensive, AI-enabled human capital management platform
Company NewsWorkday Announces Fiscal 2026 Third Quarter Financial Results
Workday delivered another strong quarter in fiscal 2026 Q3, underscoring both the resilience of its core subscription business and the early returns from its AI strategy. Total revenue rose 12.6% year-over-year to $2.432 billion, with subsc
Company NewsWorkday completes acquisition of AI knowledge platform Sana for US$1.1 billion
Workday is acquiring Sana for US$1.1 billion , bringing Sana’s AI-native learning and agent platform into Workday’s portfolio of over 11,000 global customers. The move adds no-code agent building, knowledge tools and automated workflows to
Company NewsDeel Appoints Joe Kauffman as President & Chief Financial Officer
NEW YORK-- Deel , the leading global payroll and HR platform, today announced the appointment of Joe Kauffman as President and Chief Financial Officer. Kauffman joins Deel following more than a decade of leadership at Credit Karma, where he
Venture CapitalDeel Raises $300M Series E, Valued at $17.3B, Eyes Expansion into 100+ Countries
In October 2025, Deel secured a landmark $300 million Series E funding , led by Ribbit Capital alongside existing backers such as Andreessen Horowitz and Coatue, lifting its valuation to $17.3 billion . This round comes amid a period of str
Venture CapitalWorkday Signs $1.1B Deal to Buy Sana, Bringing AI Agents and Learning Tools to 75M Users
Workday has announced a definitive agreement to acquire Sana, an AI-driven enterprise knowledge platform, for approximately $1.1 billion . Founded in 2016, Sana is known for its AI-powered products—Sana Learn and Sana Agents—used by over on
Venture Capitalzvoove Acquires Spain's Market Leader for Temporary Staffing Solutions, Nivel IV
zvoove, a leading European software and AI provider for temporary staffing, cleaning, and security industries, has acquired Spain’s market leader, Nivel IV. Following its 2024 acquisition of Freematica, this deal positions zvoove as the top
Company NewsWorkday Q2 FY26 Revenue Rises 12.6% to $2.35B, Raises Full-Year Guidance
Workday reported strong fiscal 2026 Q2 results with total revenue of $2.35 billion, up 12.6% year-over-year, driven by 14% growth in subscription revenue. Operating income more than doubled, while non-GAAP operating margin reached 29%. Net
Company NewsThoma Bravo in Advanced Talks to Acquire Dayforce in $11B Take-Private Deal
Thoma Bravo is in advanced talks to acquire Dayforce Inc. in a deal valued at more than $11 billion, potentially taking the HR software provider private. Despite strong revenue growth and improving profitability, Dayforce has struggled in p
Company NewsADP Delivers Strong FY25 Results with $20.6B Revenue, Sets Confident Outlook for FY26
ADP reported strong results for fiscal year 2025, with revenue growing 7% to $20.6 billion and adjusted diluted EPS rising 9% to $10.01. Both its Employer Services and PEO Services divisions delivered 7% revenue growth, fueled by high clien
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