Workday, Inc. (WDAY): restructuring charge — Workday announces restructuring: cut ~1,750 jobs (8.5% of workforce), charges $230M-$270M

Workday, Inc.

Restructuring eliminates ~1,750 positions (8.5% of workforce); charges estimated $230M-$270M, with $60M-$70M in Q4 FY2025.
GAAP operating margin expected 22-23 ppt lower in Q4 FY2025; full year 21 ppt lower due to restructuring charges.
CEO Carl Eschenbach cites need to focus on AI; affected U.S. employees get min 12 weeks pay, RSU vesting, career services.
Restructuring expected substantially complete by Q2 FY2026; company continues to hire in key strategic areas like AI.

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Key facts

Extracted from this filing and checked against the source text.

Restructurings & Charges SEC 8-K Item 2.05/2.06 confidence 0.9

Workday, Inc. announced a restructuring with charges of approximately $230 million to $270 million in charges (approximately 1,750 positions, or 8.5% of Workday's current workforce).

Type: restructuring
Charge: approximately $230 million to $270 million in charges
Headcount: approximately 1,750 positions, or 8.5% of Workday's current workforce

Exact text from the filing

its fiscal year ending January 31, 2026. In connection with the Plan, Workday expects to exit certain owned office space. Workday estimates that it will incur approximately $230 million to $270 million in charges in connection with the Plan, of which approximately $60 million to $70 million is expected to be recognized in the fourth quarter of fiscal 2025, and

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Restructurings & Charges SEC 8-K Item 2.05/2.06 confidence 0.9

Workday, Inc. announced a impairment with charges of approximately $35 million in non-cash charges related to the impairment of office space affecting office space.

Type: impairment
Charge: approximately $35 million in non-cash charges related to the impairment of office space
Affected area: office space

Exact text from the filing

The charges also consist of approximately $35 million in non-cash charges related to the impairment of office space that Workday expects to record in the first quarter of fiscal 2026.

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13 restructurings & charges filed in the last 30 days. Browse all restructurings & charges →

Workday, Inc. filing history →

Source: SEC EDGAR

accession 0001327811-25-000030

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