---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-008212"
form_type: "8-K"
ticker: "WDAY"
cik: "0001327811"
company_name: "Workday, Inc."
filed_at: "2023-01-31T23:59:59+00:00"
generated_at: "2026-06-20T05:05:16.805491+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Workday announces workforce reduction of ~3% as part of resource realignment

## Summary
- Elimination of ~3% of global workforce, majority in Product & Technology organization.
- U.S. severance: 3 months pay, extra 2 weeks per year of service, stock vest through April, FY23 bonus, 6 months medical.
- Company plans to increase overall workforce in FY24; no similar actions of this size anticipated.
- Restructuring aims to align resources with strategic priorities and improve operational efficiency.

## SEC filing metadata
- accession: 0001104659-23-008212
- form_type: 8-K
- ticker: WDAY
- cik: 0001327811
- company_name: Workday, Inc.
- filed_at: 2023-01-31T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1327811/000110465923008212/0001104659-23-008212-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1327811/000110465923008212/tm234723d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-008212
- JSON: https://secwatch.observer/filing/0001104659-23-008212.json
- Plain text: https://secwatch.observer/filing/0001104659-23-008212.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.