VERIFIED COMPANY CONFIRMED

Workday | Layoff Event

February 5, 2025 • 341 days ago

1,750 affected • 8.5%

Layoff Details

Reason: Restructuring to invest in artificial intelligence and drive new era of growth

February 2025 Layoffs Report: 172,000 Job Cuts Hit Highest Level Since 2020

U.S. employers announced 172,000 layoffs in February 2025, surging 245% from January. Federal government led with 62,000 cuts via DOGE initiative. Retail announced 39,000, technology 15,000. Highest monthly total since July 2020.

March 6, 2025 • 11 min read •

February 2025layoffs

Recent Workday News

Workday, Inc.'s (NASDAQ:WDAY) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock? - Yahoo Finance Singapore

Yahoo Finance Singapore • Jan 11

Workday stock slips on light quarterly margin guidance - CNBC

CNBC • Nov 25

Can Workday Stock Bounce From Current Support? - Forbes

Forbes • Nov 28

AI tools speed up hiring and schedules for store workers - Stock Titan

Stock Titan • Jan 8

Company Info

Website: www.workday.com
Industry: Software - Application
Sector: Technology
Headquarters: Pleasanton, CA, United States
Founded: 2005
CEO: Mr. Carl M. Eschenbach
Employees: 20,588

View Company Profile

Event Snapshot

Employees Affected 1,750

Percent of Workforce 8.5%

Verification VERIFIED

No other canonical layoff events recorded for this company.

Financials

Market Cap $58.47B

SEC Filings

Disclaimer

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