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Workday Layoffs: SaaS Provider Eliminating 500 Jobs in 2nd Workforce Reduction in 2026

Summary by Latestly
Workday is cutting around 525 jobs, or 2.5% of its global workforce, in its second workforce reduction of 2026. The layoffs mainly affect product and technology teams as the software company realigns operations with its growth strategy. Workday expects restructuring charges of USD 65 million to USD 85 million, impacting its fiscal third-quarter results. Workday Layoffs: SaaS Provider Eliminating 500 Jobs in 2nd Workforce Reduction in 2026.

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Enterprise software company Workday is undergoing a second wave of layoffs in 2026. The new cuts, affecting approximately 500 employees, primarily impact product and technology teams, while restructuring costs have also lowered financial expectations.

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BizToc broke the news on Tuesday, September 29, 2026.
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