{"id":44702,"date":"2026-02-05T18:01:24","date_gmt":"2026-02-05T18:01:24","guid":{"rendered":"https:\/\/agooka.com\/news\/usa\/workday-cuts-400-jobs-as-software-stocks-tumble\/"},"modified":"2026-02-05T18:01:24","modified_gmt":"2026-02-05T18:01:24","slug":"workday-cuts-400-jobs-as-software-stocks-tumble","status":"publish","type":"post","link":"https:\/\/agooka.com\/news\/usa\/workday-cuts-400-jobs-as-software-stocks-tumble\/","title":{"rendered":"Workday cuts 400 jobs as software stocks tumble"},"content":{"rendered":"<figure><img decoding=\"async\" src=\"https:\/\/i.insider.com\/69840634a645d1188188b924?format=jpeg\" alt=\"Workday logo\"\/><figcaption>\n<p>Dado Ruvic\/REUTERS<\/p>\n<\/figcaption><\/figure>\n<ul>\n<li>Workday announced layoffs affecting about 2% of its workforce, mostly those in customer-service roles.<\/li>\n<li>The company said it&#039;s realigning resources while continuing to hire in strategic areas and locations.<\/li>\n<li>The cuts come as AI developments rattle software investors, with Workday shares down about 34% from a year ago.<\/li>\n<\/ul>\n<p>Workday is laying off about 400 employees, citing a need to realign its resources to meet its top priorities.<\/p>\n<p>In a securities filing Wednesday, the California-based software provider for payroll, talent management, and expense processing said the cuts represent about 2% of its overall workforce and will primarily affect non-revenue-generating roles within its global customer service team. It said it plans to continue to hire in strategic areas and locations.<\/p>\n<p>Workday didn&#039;t cite artificial intelligence in its filing as a reason for the layoffs. Recent AI developments have, however, soured investors&#039; outlook for many software companies.<\/p>\n<p>Several marquee tech stocks took a beating this week, including Workday, Intuit, and Salesforce, following the debut of Anthropic&#039;s industry-specific Claude Cowork plugin.<\/p>\n<p>A spokesperson for Workday declined to comment beyond the filing.<\/p>\n<p>Shares of Workday are down about 34% from a year ago. The company announced a larger round of layoffs last year, citing a need to invest more heavily in strategic areas such as AI. It had more than 20,400 employees as of January 31, 2025.<\/p>\n<p>Workday is also dealing with a class-action lawsuit that alleges it uses AI to discriminate against candidates based on race, age, and disability. The company has said the case is without merit and denies the allegations.<\/p>\n<p><em>Are you a current or former employee at Workday or another tech company whose stock is down significantly this year? Contact Sarah E. Needleman at sneedleman@insider.com or via encrypted messaging app Signal at 732-991-1100. Use a personal email address, a nonwork WiFi network, and a nonwork device;<\/em> <a href=\"https:\/\/www.businessinsider.com\/insider-guide-to-securely-sharing-whistleblower-information-about-powerful-institutions-2021-10\" rel=\"noreferrer\" target=\"_blank\"><em>here&#039;s our guide to sharing information securely<\/em><\/a><em>.<\/em><\/p>\n<p>Read the original article on Business Insider<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dado Ruvic\/REUTERS Workday announced layoffs affecting about 2% of its workforce, mostly those in customer-service roles. The company said it&#039;s realigning resources while continuing to hire in strategic areas and locations. The cuts come as AI developments rattle software investors, with Workday shares down about 34% from a year ago. Workday is laying off about [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":44703,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":{"0":"post-44702","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-usa"},"_links":{"self":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts\/44702","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/comments?post=44702"}],"version-history":[{"count":0,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts\/44702\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/media\/44703"}],"wp:attachment":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/media?parent=44702"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/categories?post=44702"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/tags?post=44702"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}