---
schema_version: "secwatch.filing_event.v1"
accession: "0001327811-26-000004"
form_type: "8-K"
ticker: "WDAY"
cik: "0001327811"
company_name: "Workday, Inc."
filed_at: "2026-02-04T23:59:59+00:00"
generated_at: "2026-05-16T04:51:18.761940+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Workday to cut ~2% of workforce, take $135M charge in Q4 FY2026; GAAP margin to drop 24-25 pts

## Summary
- Elimination of ~2% of workforce, primarily non-revenue generating roles in Global Customer Operations.
- Estimated $135M charge in Q4 FY2026: $40M cash severance, $15M stock-based comp, $80M office-space impairment.
- GAAP operating margin expected to be 24-25 percentage points lower than non-GAAP for Q4; 22-23 pts for full year.
- Actions expected to be substantially complete by Q1 FY2027; company to continue hiring in strategic areas.
- Preliminary Q4 and full-year results otherwise in line with prior guidance; earnings call on Feb 24, 2026.

## SEC filing metadata
- accession: 0001327811-26-000004
- form_type: 8-K
- ticker: WDAY
- cik: 0001327811
- company_name: Workday, Inc.
- filed_at: 2026-02-04T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 2.05, 2.06
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1327811/000132781126000004/0001327811-26-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1327811/000132781126000004/wday-20260130.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001327811-26-000004
- JSON: https://secwatch.observer/filing/0001327811-26-000004.json
- Plain text: https://secwatch.observer/filing/0001327811-26-000004.txt

## Source-grounded claims
- claim_id: 254ad039a062e52c0ac941a808b65929970b86b2
  claim: Workday, Inc. announced a impairment with charges of approximately $80 million affecting certain office space and long-lived assets.
  evidence_excerpt: Workday estimates that it will incur approximately $135 million in charges which are expected to be recognized in the fourth quarter of fiscal 2026, consisting of approximately $40 million of future cash expenditures related to severance payments, employee benefits, and related costs and approximately $15 million in non-cash charges for stock-based compensation. The charges also consist of approximately $80 million in non-cash charges related to the impairment of certain office space and long-lived assets.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1327811/000132781126000004/0001327811-26-000004-index.htm
- claim_id: ed51ce10892fa2292169f24f9aa70fa8bdb546bf
  claim: Workday, Inc. announced a restructuring with charges of approximately $135 million affecting Global Customer Operations team (approximately 2% of Workday’s current workforce).
  evidence_excerpt: its fiscal 2027, including additional revenue-generating areas to meet its market opportunity. In connection with the above, Workday estimates that it will incur approximately $135 million in charges which are expected to be recognized in the fourth quarter of fiscal 2026, consisting of approximately $40 million of future cash expenditures related to severance
  evidence_url: https://www.sec.gov/Archives/edgar/data/1327811/000132781126000004/0001327811-26-000004-index.htm

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