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Workday

All articles tagged with #workday

technology1 day ago•4 min saved

Workday Navigates AI-Driven Dilemma After Solid Q4 Earnings

Workday posted solid Q4 results with adjusted operating income above expectations, but issued weak guidance for fiscal 2027 and showed a year-end subscription backlog about $1 billion below analyst forecasts, triggering a after-hours stock drop. The rise of AI, especially agent software that can automate development tasks, threatens traditional software models and creates an innovator’s dilemma for incumbents like Workday. The company plans to defend its current revenue while expanding into AI agents, a transition led by co-founder and CEO Aneel Bhusri who says cloud software isn’t getting replaced, it’s being built upon.

via Barron's|

#ai #backlog #cloud

business15 days ago•3 min saved

Workday Reinstates Cofounder Bhusri as CEO Amid Leadership Shakeup and AI-Focused Restructure

Workday is changing its top leadership as cofounder Aneel Bhusri returns to the CEO role amid a recent round of ~400 layoffs. Longtime CEO Carl Eschenbach will step down to become a strategic advisor. The move comes as Workday refocuses resources toward AI and other strategic priorities, with shares down about 6% on the day and roughly 43% from a year ago; the company employed about 20,400 people as of January 2025.

via Business Insider|

#ai #aneel-bhusri #business

business16 days ago•14 min saved

Workday Reinstates Founder Bhusri as CEO, Eschenbach Moves to Advisor

Workday says co-founder Aneel Bhusri is returning as chief executive officer with Carl Eschenbach stepping down to become a strategic advisor; Bhusri will lead the company into its next chapter in an AI‑driven era, alongside presidents Gerrit Kazmaier and Rob Enslin, effective immediately as Workday kicks off its fiscal year 2027.

via Workday|

#ai #aneel-bhusri #business

technology1 month ago•3 min saved

AI speeds work but increases cleanup—new surveys reveal the productivity paradox

A Workday survey of 3,200 employees shows AI speeds tasks but creates more work, with 85% saving 1–7 hours weekly yet about 37% of that time spent on rework and only 14% reporting consistently positive outcomes, illustrating a productivity paradox. Separately, AlixPartners finds 95% of CEOs expect AI-driven layoffs in five years, though broad productivity gains aren’t yet evident; some niche areas show benefits, but widespread adoption and real boosts may take time.

via Axios|

#ai #alixpartners #productivity

business5 months ago•2 min saved

Elliott Management's $2B Stake Boosts Workday Stock Amid Strategic Moves

Workday's stock (WDAY) surged after activist investment firm Elliott disclosed a $2 billion stake and praised the company's management, signaling strong investor confidence.

via TipRanks|

#business #elliott #stake

business5 months ago•6 min saved

Workday to Acquire Sana in Strategic Deal

Workday has announced a $1.1 billion acquisition of Sana, an AI company specializing in enterprise knowledge tools, to create a new, intelligent work experience that integrates AI-powered search, agents, and learning to enhance employee productivity and personalization.

via Workday|

#acquisition #ai #business

business5 months ago•7 min saved

Workday Acquires Sana to Enhance Learning Platform and Expand Offerings

Workday has acquired Sana Labs for $1.1 billion to enhance its learning platform with AI-native capabilities and to develop a new 'front door' experience for users, transforming how employees access and interact with corporate systems and knowledge, amidst increasing competition in AI and enterprise agent platforms.

via Josh Bersin|

#ai #business #enterprise-software

business6 months ago•2 min saved

Workday Reports Strong Profit Amid Revenue Challenges and Outlook Concerns

Workday's stock fell 3.8% after reporting strong Q2 earnings but issuing a slightly disappointing Q3 outlook, amid broader concerns about AI's impact on the software industry. Despite beating revenue and earnings estimates, the company's cautious guidance and the sector's AI disruption fears led to a selloff, even as Workday invests heavily in AI-driven solutions to stay competitive.

via Barron's|

#ai-disruption #business #earnings-forecast

business6 months ago•6 min saved

Workday's Acquisition of Paradox Enhances AI-Driven Recruitment

Workday is acquiring Paradox, an AI-driven candidate experience platform, to enhance its talent acquisition suite, enabling more efficient and personalized hiring processes across all worker types and roles, with a focus on high-volume frontline industries.

via Workday|

#ai #business #hiring

technology6 months ago•2 min saved

Workday Confirms Data Breach Linked to Salesforce Hack

Workday, a provider of HR technology, experienced a data breach affecting some user contact information, likely linked to a larger attack on Salesforce databases by the hacking group ShinyHunters, raising concerns about social engineering scams and limited disclosure practices.

via Gizmodo|

#cybersecurity #data-breach #shinyhunters

technology6 months ago•1 min saved

Workday Confirms Data Breach Linked to Salesforce Attack

Workday experienced a data breach through a social engineering attack targeting its employees, which compromised some business contact information from its third-party CRM platform, though no customer account data was reportedly accessed. The company responded quickly by cutting off access and enhancing security measures, but the full scope of the breach remains uncertain.

via Engadget|

#crm #cybersecurity #data-breach

technology6 months ago•2 min saved

Workday Data Breach Exposes Personal Information

Workday, a major HR technology provider, confirmed a data breach where hackers stole personal contact information from a third-party database, potentially used for social engineering scams, but did not access customer HR data. The breach was discovered on August 6, and Workday has not disclosed the full extent of the stolen data or the specific platform involved. This incident follows recent cyberattacks on Salesforce databases used by large companies.

via TechCrunch|

#cybersecurity #data-breach #personal-data

technology6 months ago•2 min saved

Workday Confirms Data Breach Linked to Salesforce Hack

Workday disclosed a data breach resulting from a social engineering attack on a third-party CRM platform, likely linked to the ShinyHunters group targeting Salesforce instances, exposing business contact information of over 11,000 organizations, including some of the Fortune 500, while denying customer tenant impact.

via BleepingComputer|

#data-breach #salesforce #shinyhunters

business8 months ago•11 min saved

Workday Achieves 79% Employee Adoption of AI

Workday successfully increased AI adoption among its employees to 79% by implementing initiatives like internal campaigns, upskilling programs, and personal AI goals, overcoming barriers such as lack of time and uncertainty, and emphasizing responsible AI principles amidst concerns about job impacts and productivity gains.

via Fortune|

#ai-adoption #ai-tools #business

finance1 year ago•4 min saved

Workday and Apollo Join S&P 500 Amid Market Shifts

The S&P 500 index is undergoing changes with Apollo Global Management and Workday being added, while Qorvo and Amentum Holdings are removed due to market capitalization requirements. These changes reflect the dynamic nature of the index, which aims to include companies with significant market value. Inclusion in the S&P 500 is prestigious and can impact stock visibility and price, although the effect is less pronounced than in the past. The Nasdaq-100 is also set for a reranking, with potential candidates being evaluated based on growth prospects.

via TheStreet|

#apollo-global-management #finance #market-capitalization