Workday is cutting about 1,750 workers, or 8.5% of its workforce, as it plans to hire in areas such as AI and take on more people overseas; WDAY jumps 5%+ (Brody Ford/Bloomberg)

Brody Ford / Bloomberg:
Workday is cutting about 1,750 workers, or 8.5% of its workforce, as it plans to hire in areas such as AI and take on more people overseas; WDAY jumps 5%+  —  – Figure represents roughly 8.5% of company’s workforce  — Salesforce, Amazon, Microsoft recently cut personnel