Workday CEO Eschenbach departs, with co-founder Aneel Bhusri returning as CEO

Leadership Change - Workday announced that CEO Carl Eschenbach is stepping down and co-founder Aneel Bhusri will return as CEO effective immediately [2][3] - Eschenbach had been with Workday since December 2022 and was the sole CEO since February 2024 [3] Strategic Focus - The leadership change is aimed at focusing on the company's next chapter, particularly in artificial intelligence (AI) [4] - Bhusri emphasized that AI represents a significant transformation that will define future market leaders, indicating a strategic pivot for Workday [4] Recent Developments - In February, Workday laid off 8.5% of its workforce, totaling 1,750 employees, as part of a new approach to labor in the context of AI [4]