{"schema_version":"secwatch.filing_event.v1","accession":"0001327811-25-000030","form_type":"8-K","ticker":"WDAY","cik":"0001327811","company_name":"Workday, Inc.","filed_at":"2025-02-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.321295+00:00","generated_at":"2026-05-27T02:28:22.740614+00:00","sec_items":["2.02","2.05","2.06","7.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Workday announces restructuring: cut ~1,750 jobs (8.5% of workforce), charges $230M-$270M","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001327811-25-000030","json":"https://secwatch.observer/filing/0001327811-25-000030.json","markdown":"https://secwatch.observer/filing/0001327811-25-000030.md","text":"https://secwatch.observer/filing/0001327811-25-000030.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1327811/000132781125000030/0001327811-25-000030-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1327811/000132781125000030/wday-20250205.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T02:28:22.740614+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"12f8078b8f384a088bb72a295f9c44069fd9977f","claim":"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).","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1327811/000132781125000030/0001327811-25-000030-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $230 million to $270 million in charges"},{"label":"Headcount","value":"approximately 1,750 positions, or 8.5% of Workday's current workforce"}],"fact_type":"restructuring_charge"},{"claim_id":"8dbf026f6d85eaf0a2b0a843178c18c24cd54e17","claim":"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.","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1327811/000132781125000030/0001327811-25-000030-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"impairment"},{"label":"Charge","value":"approximately $35 million in non-cash charges related to the impairment of office space"},{"label":"Affected area","value":"office space"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}