Workday recently announced a global reduction of 1,750 positions, amounting to 8.5% of its workforce. Although the specific impact on its Irish operations, which employ more than 1,900 people, remains unspecified, this marks a notable shift for the company, particularly as it pivots its resources toward AI investments. Minister for Enterprise, Peter Burke, highlighted the importance of Workday’s Irish offices as strategic to its EMEA operations. The company has also announced plans to expand in existing office space as opposed to pursuing new developments, reflecting a cautious approach during restructuring.
Peter Burke, the Minister for Enterprise, stated that this is the first major lay-off in Workday's history and highlighted the company's restructuring efforts.
Workday emphasized its intent to pivot structures towards investing in AI while continuing to invest in strategic areas to meet market demands.
Ireland serves as Workday's EMEA headquarters, underlining its significance as a major product and engineering hub for the company.
The decision to maintain existing office space for expansion rather than pursuing a new development indicates Workday's cautious approach amid restructuring.
Collection
[
|
...
]