Workday Announces Reduction Of About 2.5% Of Current Workforce; Estimates Charges Of $65M-$80M Related To Reorganization; Expects $40M-$55M In Future Cash Expenditures For Severance And Benefits; Continue To Hire In Key Strategic Areas And Locations Throughout Its Fiscal 2027; Workforce Reduction Primarily Within Workday's Product And Technology Team, And Select Leased Office Space Reductions; Reiterates Its Q3 And FY27 Financial Guidance
Workday, Inc. ("Workday") is reiterating its fiscal 2027 third quarter and full-year financial guidance provided on its fiscal 2027 second quarter earnings call on August 27, 2026, with the exception of GAAP
