Workday Layoffs in 2023

Workday announced a 3% layoff of its workforce earlier this week. While these layoffs are significantly smaller than what we have seen from other major tech companies recently, there are still some important insights to gather from this reduction to their global workforce. These layoffs primarily affected the product and technology division, but Workday mentioned their plans to hire in their marketing and sales organizations and stated they do not plan to lay off more of their workforce in the immediate future. In this podcast, our Workday Practice Leader, Jeff Lazarto, discusses what these changes mean for customers in terms of where their product dollars are going, where Workday’s current focus is, and how to navigate Workday’s inevitably aggressive sales tactics following these layoffs. Host: Jeff Lazarto: https://bit.ly/37eCXdN Workday Commercial Advisory Services: https://bit.ly/3A6KOXt