secwatch.observer — SEC 8-K summary
======================================

Issuer:     Workday, Inc. (WDAY)
CIK:        0001327811
Form:       8-K
Filed at:   2026-02-04T23:59:59+00:00
Accession:  0001327811-26-000004
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 2.05, 2.06
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1327811/000132781126000004/0001327811-26-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1327811/000132781126000004/wday-20260130.htm
  HTML page:      https://secwatch.observer/filing/0001327811-26-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer