{
  "id": 10789353,
  "title": "Workday is doing another round of layoffs",
  "url": "https://urgent.news/2026/09/29/workday-is-doing-another-round-of-layoffs",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-29T21:20:52.000Z",
  "source": {
    "name": "Business Insider",
    "slug": "business-insider",
    "url": "https://www.businessinsider.com/workday-conducting-layoffs-software-product-tech-team-2026-9"
  },
  "original_language": "en",
  "account": "Workday is carrying out a second round of layoffs this year, dismissing approximately 500 employees to better align team structures with the company's strategic growth priorities. The cuts primarily impact the product and technology team. This brings the total workforce reduction to around 2.5% of the company, which had over 21,000 employees at the end of January. Workday also reduced its fiscal Q3 earnings forecast, with restructuring charges from the layoff set to decrease its operating margins for the upcoming fiscal year. The company plans to continue hiring in strategic areas and locations throughout fiscal 2027, despite the recent workforce reductions. Workday shares have dropped about 12% year to date. The company did not cite AI as a reason for the layoffs, though concerns over AI's impact on enterprise software vendors contributed to a souring of investor appetite for the sector earlier in the year.",
  "summary": "The software-as-a-service giant said in a securities filing that it's cutting approximately 2.5% of its workforce.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}