- Workforce reduction of ~2.5%.
- Charges $65-80M total.
- GAAP operating margin guidance lowered by 20-21 points in Q3, 19 points full year.
- Non-GAAP guidance reiterated.
- Hiring in key strategic areas continues.
- Workday filed an 8-K announcing a restructuring that includes a 2.5% workforce reduction and office space cuts, with $65-80 million in charges. The company lowered its GAAP operating margin guidance for Q3 and full-year fiscal 2027 but kept non-GAAP guidance unchanged.
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