Tagged workforce reduction
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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.
Company NewsWorkday 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
Company NewsDHI Group, Inc. Announces Strategic Reorganization Separating the Dice and ClearanceJobs Businesses to Better Capitalize on Unique Market Dynamics
DHI Group, Inc. has announced a strategic reorganization to split its operations into two distinct divisions: Dice and ClearanceJobs. This move aims to focus on the unique market demands of each brand, streamline operations, and improve pro
Company NewsWorkhuman Announces 10% Global Workforce Reduction Amid Business Realignment
Workhuman, a leading employee engagement and recognition platform, has announced a difficult decision to reduce its global workforce by approximately 10% in order to realign its investments, balance growth and profitability, and address the
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