Workday Cuts ~2.5% of Global Workforce, Primarily in Product & Technology

Workday, Inc. announced a reduction of approximately 2.5% of its global workforce, primarily impacting its Product and Technology team, as disclosed in an SEC Form 8-K filed on September 29, 2026. With a global headcount around 21,000, the company said the cuts will affect about 525 employees and will incur charges of $65 million to $85 million (with $55M–$70M in Q3 fiscal 2027 and another $10M in Q4). The charges include roughly $40M–$55M of future cash expenditures for severance and benefits, about $10M in non-cash stock-based compensation charges, and around $15M of non-cash impairment of leased office space. Workday said it will continue to hire in key strategic areas during fiscal 2027 and noted this is its second round of layoffs in the calendar year, after a 2% reduction in early February affecting Global Customer Operations. The company expects the charges to materially lower GAAP operating margin versus non-GAAP in the third quarter and full fiscal year 2027.

Workday Inc. cut 525 jobs affecting its Product and Technology team as of September 29, 2026.

That is roughly 3.3% of the 16,000 people Workday Inc. employs.

LayoffTalk has tracked 9 layoff events at Workday Inc. since April 2023, including 1,109 jobs documented in official WARN filings, with 5 additional events known from news reporting.