This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Current CEO of WOrkday Carl Eschenbach, then co-president of VMware, speaks at the Nexenta OpenSDx Summit Thursday, Aug. 28, 2014, in San Francisco. Credit: AP Photo/Noah Berger, File Workday is cutting about 1,750 jobs, or 8.5% of its workforce. In a Wednesday memo to employees, published in a securities filing, Workday CEO C ...

Workday (WDAY) announced in a regulatory filing Wednesday that it plans to lay off approximately 1,750 employees, or 8.5% of its workforce, as part of a restructuring plan. The enterprise software company said the plan is intended to "continue advancing Workday’s ongoing focus on durable growth." Workday expects "it will incur approximately $230 million to $270 million in charges in connection with the Plan, of which approximately $60 million to $70 million is expected to be recognized in the fourth quarte ...

PLEASANTON, Calif., Feb. 4, 2025 /PRNewswire/ -- Workday, Inc. (NASDAQ: WDAY), a leading provider of solutions to help organizations manage their people and money, plans to announce its fiscal 2025 fourth quarter and full year financial results after market close on Tuesday, February 25, 2025. The company will host a conference call at 1:30 p.m. Pacific Time / 4:30 p.m. Eastern Time to review its financial results and business outlook. A live webcast of the event will be available on the Workday Investor Re ...

Core Insights - Workday Inc (WDAY) has partnered with Nayya to enhance employee health and wealth benefits through AI-driven solutions [1][4] - Nayya will leverage its data integration and analytics capabilities on the Built on Workday platform to create applications aimed at improving employee outcomes and ROI for employers [2][4] - The collaboration targets a significant market, with over $3 trillion spent annually on employee health and wealth, presenting a substantial revenue opportunity for Workday [4] Company Overview - Workday is headquartered in Pleasanton, CA, and provides enterprise-level software solutions for financial management and human resources [6] - The company's cloud-based platform integrates finance and HR, facilitating analytical insights and decision support for organizations [6] Market Demand and Growth - Workday's revenue growth is driven by high demand for its human capital and financial management solutions, with a strong emphasis on AI integration [7] - The collaboration with Alight aims to deliver an integrated payroll experience, expanding Workday's global footprint [7] Financial Performance - Workday's margins are impacted by rising operating expenses, primarily due to increased headcount and marketing costs [8] - The customization and integration of Workday's software with existing enterprise systems can be complex and time-consuming [8] Competitive Landscape - The human capital management market is becoming increasingly competitive, posing challenges for Workday [8] - Workday currently holds a Zacks Rank 2 (Buy), although its shares have decreased by 8.3% over the past year, contrasting with the industry's growth of 33.9% [9]

Workday and TechWolf Join Forces to Revolutionize AI-Driven Employee Skills Management PLEASANTON, Calif. and GHENT, Belgium, Jan. 29, 2025 /PRNewswire/ -- Workday, Inc. (NASDAQ: WDAY), a leading provider of solutions to help organizations manage their people and money, and TechWolf today announced Workday will roll out TechWolf's AI-powered skills intelligence across its global workforce comprising more than 20,400 employees, helping to augment Workday skills data and make it easier for employees to manage ...

NEW YORK, Jan. 28, 2025 /PRNewswire/ -- Nayya, the leading source connecting Americans' health and wealth data to deliver personalized guidance, today announced a strategic partnership with Workday, Inc. (NASDAQ: WDAY), a leading provider of solutions to help organizations manage their people and money, to help employees maximize their health and financial benefits. Through this strategic partnership, Nayya and Workday will set an industry standard in powering health and wealth decisions through Built on Wo ...

Advisory Board Will Publish Cutting Edge Research, Provide Insights and Guidance to Help Workday and Its Customers Navigate the Evolving Impact of AIPLEASANTON, Calif., Jan. 21, 2025 /PRNewswire/ -- Workday, Inc. (NASDAQ: WDAY), a leading provider of solutions to help organizations manage their people and money, today announced the Workday AI Advisory Board, a group of world-class academics that will drive industry-leading research and thought leadership on crucial topics including the impact of AI on work, ...

Workday, Inc. (WDAY) is witnessing an improved market demand across its portfolio on the back of a flexible business model and solid cash flow. Earnings estimates for the current and next fiscal year have increased 10.2% and 7.5%, respectively, since January 2024, implying robust inherent growth potential. With healthy fundamentals, this Zacks Rank #2 (Buy) stock appears to be a solid investment option. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Key Growth Drivers of WDA ...

Workday, Inc. (WDAY) recently announced that Johns Hopkins has opted to deploy Workday’s solution suite to modernize its human resource and finance processes. Johns Hopkins is a non-profit organization that includes Johns Hopkins Health System and a renowned academic institution, Johns Hopkins University. The organization has undertaken a multi-year business modernization program called Sightline, which focuses on enhancing data access and visualization, improving data governance and quality of data, ensuri ...

Workday to Modernize HR and Finance Processes Across the Johns Hopkins University and Health SystemPLEASANTON, Calif., Jan. 8, 2025 /PRNewswire/ -- Workday, Inc. (NASDAQ: WDAY), a leading provider of solutions to help organizations manage their people and money, today announced that Johns Hopkins selected Workday Human Capital Management (HCM), Workday Financial Management, Workday Supply Chain Management (SCM) for Healthcare, and Workday Grants Management.Johns Hopkins is a nonprofit organization comprisin ...