Workday has confirmed that automation and AI have contributed to job losses as part of a major restructuring plan led by CEO Carl Eschenbach, resulting in approximately 1,750 employees leaving the company. The organization is reallocating savings from staff cuts to enhance its new Agent System of Record platform, which helps businesses manage AI agents ...
Workday has announced that job cuts affecting 1,750 employees, about 8.5% of its workforce, are due to its restructuring plan led by CEO Carl Eschenbach. The organization is redirecting savings into developing its new Agent System of Record platform, aimed at managing AI agents securely within businesses. Despite the layoffs, Workday plans to hire for ...
In July 2023, Carl Eschenbach, co-CEO of Workday, was spotted heading to a morning session at the prestigious Allen & Company Sun Valley Conference in Idaho. This exclusive event gathers some of the world’s wealthiest and most influential individuals from media, finance, technology, and politics each year. Held at the upscale Sun Valley Resort, the ...
