Enterprise HR platform Workday is the latest tech company to announce layoffs in recent weeks.
The Silicon Valley-based company laid off 1,750 employees on Wednesday, as originally reported by Bloomberg and confirmed independently by TechCrunch. That total represents approximately 8.5% of head count. Unlike many other tech companies, including Meta and Microsoft, Workday has not held drastic headcount cuts in recent years.
Workday CEO Carl Eschenbach told employees in a memo that the company needs a new approach in the current market and does plan to hire AI talent.
Workday joins others this week in announcing layoffs. Identity management company Okta laid off 180 employees on Tuesday. Robotaxi company Cruise also slashed 50% of its workforce on Tuesday. Amazon also recently cut some roles in its sustainability department.