<ul><li>Enterprise resource planning software company Workday Inc. is laying off around 1,760 employees, approximately 8.5% of its workforce.</li><li>The layoffs are part of the company's plan to focus on growth and invest in artificial intelligence (AI) and platform innovation.</li><li>CEO Carl Eschenbach stated that the increasing demand for AI presents a massive opportunity for Workday, which requires aligning resources with evolving customer needs.</li><li>Workday is offering affected employees severance packages, additional vesting of restricted stock units, career services, and benefits and immigration support.</li></ul>

Workday lays off 1,760 employees to focus on AI and platform innovation

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