Search results for “reduction”

Workday 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

Aug 27, 2026

Paylocity 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

Aug 5, 2026

Workday Adaptive Planning Achieves FedRAMP Moderate Authorization to Support Federal Workforce and Budget Planning

Workday Adaptive Planning has achieved FedRAMP Moderate authorization, enabling U.S. federal agencies to securely connect workforce planning, budgeting and forecasting. The solution includes audit capabilities, FIPS 140-3 compliant security

Jul 23, 2026

Microsoft Cuts 4,800 Roles as AI Reshapes Work, Commercial Delivery and Xbox Strategy

Microsoft is eliminating around 4,800 roles, representing about 2.1% of its global workforce, as the company accelerates a broader transformation of its business, operating model and workforce priorities. The changes primarily affect Microsoft’s Commercial...

Jul 6, 2026

Workday Announces Fiscal 2027 First Quarter Financial Results

Workday reported fiscal 2027 first-quarter revenue of $2.542 billion, up 13.5% year over year, with subscription revenue reaching $2.354 billion, up 14.3%. The company also delivered stronger profitability, with GAAP operating income of $33

May 21, 2026

Boston-Based Frontline Employee Experience Platform Blink Raises $17M Led by EHI

Blink has raised $17M in new funding led by Enlightened Hospitality Investments, affiliated with Danny Meyer’s Union Square Hospitality Group. The round coincides with a new global partnership with Shake Shack and will support Blink’s AI-fi

May 18, 2026

HR Rebooted Launches MyCareer Navigator, an AI Platform Helping Organizations Guide People Through Career Disruption

MyCareer Navigator delivers personalized risk scores, skill insights, transition planning, resume refinement, and interview practice to support clients, students, and job seekers navigating an AI-driven workforce. COLEBROOK, N.H. , May 7,

May 8, 2026

Column

Workday 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

Feb 24, 2026

Philadelphia-based Phenom Acquires Be Applied to Scale Skills-First Hiring with Cognitive AI

Phenom acquires Be Applied to embed adaptive cognitive assessments into its AI hiring platform. Enterprises can now validate skills at scale, reduce mis-hires (costing 30%+ of salary), and support skills-first hiring as 63% of employers cit

Feb 10, 2026

Paylocity Announces Second Quarter Fiscal Year 2026 Financial Results

Paylocity Holding Corporation (Nasdaq: PCTY) reported second quarter fiscal year 2026 results (quarter ended December 31, 2025), highlighting double-digit revenue growth and expanding profitability. Recurring & other revenue reached $387.0

Feb 6, 2026

Workday Expands Frontline Workforce Capabilities Across 1,800+ Retail and Hospitality Customers

Workday is accelerating its momentum in the retail and hospitality sectors with new customer wins and a suite of AI-powered innovations designed specifically for frontline workers. More than 1,800 retail and hospitality organizations global

Jan 8, 2026

Workday 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

Nov 25, 2025

Paylocity Announces First Quarter Fiscal Year 2026 Financial Results

Paylocity reported a solid start to FY2026 with total revenue of $408.2M (+12% YoY) and recurring & other revenue of $378.9M (+14% YoY). Profitability remained strong, highlighted by adjusted EBITDA of $146.4M (35.9% margin) and GAAP net in

Nov 5, 2025

The AI hype check: Fortune companies are not hiring AI-ready workers

Orgvue’s latest analysis of over 10,000 Fortune 100 job postings reveals that AI is not driving the massive layoffs dominating corporate headlines. Only 11% of job postings mention AI, and just 6% specify particular platforms or tools. Desp

Oct 30, 2025

Draup Launches Etter.ai to Redefine Workforce Planning with Agentic AI

Draup has launched Etter.ai , an agentic AI platform designed to help enterprises transform their workforce strategies. Built on Draup’s extensive global labor and market data, Etter decomposes job roles into individual tasks, classifying t

Sep 17, 2025

Stockholm-Based Hubert Raises €2.5M to Scale AI Screening Agents for Global Employers

Hubert , a Stockholm-based AI-first recruitment platform, has secured €2.5 million in seed funding led by Spintop Ventures with support from Bonnier family investors. The company, already profitable, plans to accelerate its proprietary AI s

Sep 1, 2025

Workday 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

Aug 21, 2025

Laurel Secures Strategic Investment from Workday Ventures to Transform AI Time Tracking in Professional Services

Laurel, the world’s first AI Time platform for professional services, has raised $100 million in Series C funding led by IVP, with participation from GV and 01A. The investment will accelerate Laurel’s mission to solve the “time intelligenc

Aug 11, 2025

Earnings

Adecco Group H1 2025 Results: Market Share Rises Despite Revenue Decline and Margin Pressures

The Adecco Group, a global leader in workforce solutions, released its Half-Year 2025 results today, showing a strong gain in market share amid continued macroeconomic uncertainty and structural headwinds in key markets such as Germany. Whi

Aug 5, 2025

Paylocity Announces Fourth Quarter and Full Fiscal Year 2025 Financial Results

Q4 2025 Recurring & Other Revenue of $369.9 million, up 14% year-over-year Q4 2025 Total Revenue of $400.7 million, up 12% year-over-year FY 2025 Recurring & Other Revenue of $1,471.8 million, up 15% year-over-year FY 2025 Total Revenue of

Aug 5, 2025

Leena AI Announces the Launch of Voice-Enabled, Agentic AI Colleagues to Revolutionize Employee Centricity and Enterprise Productivity

Leena AI has launched voice-enabled Agentic AI colleagues to revolutionize employee support and workplace productivity. These AI agents use natural voice interactions to assist employees across HR, IT, Sales, Finance, and more—anytime, anyw

Jul 24, 2025

Copenhagen-Based Kiku Raises €4M Seed to Build AI Infrastructure for Frontline Hiring

Kiku, a Copenhagen-based startup, has secured €4 million in seed funding to accelerate the expansion of its AI agent for frontline hiring across Europe. The company’s virtual agent, Sara, automates candidate screening, note-taking during in

Jul 17, 2025

FranklinCovey Reports Q3 FY2025 Results: Revenue Meets Guidance, Adjusted EBITDA Beats at $7.3M

FranklinCovey reported Q3 FY2025 revenue of $67.1 million, aligning with guidance, but down year-over-year due to macroeconomic headwinds and contract losses. The company posted a net loss of $1.4 million, including $4.7 million in restruct

Jul 2, 2025

DHI Group Cuts 25% of Workforce at Dice Amid Strategic Restructuring

DHI Group (NYSE: DHX), the parent of tech-focused job boards Dice and ClearanceJobs, announced a 25% workforce reduction as part of a strategic restructuring. This decision follows an earlier 8% layoff in January and will result in $4.2 mil

Jun 26, 2025

New York-Based Warp Raises $18M Series A to Build AI-Driven Payroll and Compliance Platform for Startups

Warp , a New York-based HR and payroll automation startup, announced it has raised $18 million in Series A funding , bringing its total funding to $24 million . The round was led by Sound Ventures , with participation from Y Combinator , HO

Jun 18, 2025

ai.work Launches from Stealth with $10M Seed to Build Autonomous AI Employees for Enterprises

Tel Aviv- and New York-based startup ai.work has emerged from stealth with a $10 million seed round led by A * and lool ventures , unveiling a new AI Worker platform built to automate internal enterprise operations. Founded by Maor Ezer an

Jun 10, 2025

SmartRecruiters Launches Agentic AI Hiring Platform

SmartRecruiters has unveiled a groundbreaking agentic AI hiring platform featuring Winston, an embedded AI companion that streamlines every stage of the hiring journey. With SmartOS at its core, the system automates repetitive tasks like sc

Jun 10, 2025

Column

Workday Announces Fiscal 2026 First Quarter Financial Results

Workday reported strong Q1 FY26 earnings with total revenue reaching $2.24 billion, a 12.6% increase year-over-year. Subscription revenue grew by 13.4%, driven by demand for its AI-powered platform. Despite a GAAP operating income dip due t

May 22, 2025