Workday cuts 400 jobs amid software stock meltdown

Workday is laying off about 400 employees, citing a need to realign its resources to meet its top priorities. 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.Workday didn't cite artificial intelligence in it ...