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fromTheregister
19 hours ago

Workday CEO steps down amid layoffs and market jitters

Carl Eschenbach has stepped down as Workday CEO and been replaced by co-founder and executive Aneel Bhusri following a round of job cuts and share price volatility. In a statement [PDF] to investors, the company said Eschenbach is set to get an aggregate lump sum cash payment of $3.6 million, including cash severance benefits. Workday provides enterprise HR and finance software as a service. Like many SaaS vendors, its value has been hard hit over the last week as investors consider the impact of AI on the market.
Artificial intelligence
fromBusiness Insider
3 months ago

Indeed lays off a 'very small' number of employees months after summer job cuts

To better align our team structure with business priorities, we've reorganized several functions and made the difficult decision to eliminate a very small number of roles,
Business
Business
fromBusiness Insider
3 months ago

Inside Amazon's layoffs: Internal messages reveal who's affected

Amazon will cut 14,000 corporate jobs to become leaner amid AI changes, affecting roles across retail, advertising, recruitment, devices, Fire TV, Audible, and management levels.
Artificial intelligence
fromBusiness Insider
3 months ago

Amazon laid off some employees with early-morning text messages

Amazon laid off 14,000 employees, many notified by early-morning text messages to avoid badge-access issues; affected workers receive 90 days pay/benefits and severance.
fromTheregister
4 months ago

Workday headcount to flatline as activist investors circle

"We are pleased with our dialogue with the team and believe the plan announced at [this week's event] represents a significant enhancement of Workday's operating model and capital allocation framework. We believe this multi-year plan will drive substantial long-term value creation for Workday shareholders, and we look forward to continued collaboration with the company."
Venture
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