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      Workday Announces Workforce Reduction of 2.5%

      Workday, a leading provider of enterprise cloud applications for finance and human resources, is set to reduce its workforce by approximately 2.5%. This decision primarily affects the company's product and technology teams as part of a broader restructuring effort.

      The company plans to cut back on some office space, which is expected to result in charges ranging from $65 to $80 million. Despite these changes, Workday has confirmed that it will maintain its guidance for the third quarter and the full fiscal year 2027, and it intends to continue hiring in key strategic areas.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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