The company didn't blame overhiring during the pandemic.
Pleasanton-based Workday announced it is laying off 3% of its workforce in aCo-CEOs Aneel Bhusri and Carl Eschenbach included ato all employees in the filing, attributing the job cuts to a “global economic environment that is challenging for companies of all sizes.
The note said cuts were focused on the product and technology teams. Eliminated workers will receive “three months of pay, an additional two weeks of pay for each year of service, any stock vesting through April of this year,” among other benefits.that have laid off employees in recent months blamed pandemic-era hiring, Workday said that was not the reason for the company’s downsizing.
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