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Story summary
- Workday, Inc. plans to pivot to an AI platform by cutting 1,750 jobs to invest in artificial intelligence.
- Carl Eschenbach, CEO of Workday, Inc., said at Davos that AI disruption is overblown and will be a tailwind.
- Workday, Inc.'s stock has fallen 15% this year, while Adobe and Salesforce are down 21% in 2025.
- Workday, Inc. also fell 17% last year and 15% in 2026, despite the pivot.
