{"schema_version":"secwatch.filing_event.v1","accession":"0001327811-26-000048","form_type":"8-K","ticker":"WDAY","cik":"0001327811","company_name":"Workday, Inc.","filed_at":"2026-09-29T20:01:40+00:00","discovered_at":"2026-09-29T20:02:00.149276+00:00","generated_at":"2026-10-12T13:52:39.371982+00:00","sec_items":["2.02","2.05"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Workday cuts ~2.5% of workforce; takes $65-80M restructuring charge, trims GAAP margin outlook","bullets":["Reduction of ~2.5% of current workforce, primarily within the Product and Technology team, plus select leased office space reductions.","Expects $65-80M total charges: $55-70M in Q3 FY2027 and $10M in Q4 FY2027, including $40-55M of cash severance, benefits and related costs.","Charges also include ~$10M non-cash stock-based compensation and ~$15M non-cash impairment of certain leased office space.","Q3 FY2027 GAAP operating margin now ~20-21 points below non-GAAP; FY2027 GAAP margin ~19 points below non-GAAP; all other guidance reiterated from the Aug 27, 2026 call.","Employee actions expected substantially complete by Q1 FY2028, office-space actions by Q4 FY2027; Workday plans to keep hiring in key strategic areas."],"urls":{"canonical":"https://secwatch.observer/filing/0001327811-26-000048","json":"https://secwatch.observer/filing/0001327811-26-000048.json","markdown":"https://secwatch.observer/filing/0001327811-26-000048.md","text":"https://secwatch.observer/filing/0001327811-26-000048.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1327811/000132781126000048/0001327811-26-000048-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1327811/000132781126000048/wday-20260929.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T13:52:39.371982+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}