workday inc plans to lay off about 3 of its staff though the company said its move is “not the result of overhiring” the software company disclosed the job cuts in a tuesday morning filing with its cochief executives saying that the reductions are part of a business realignment according to a note to employees that was also filed with the securities and exchange commission “while our confidence in the fundamentals of our business and future growth prospects remains strong we continue to operate in a global economic environment that is challenging for companies of all sizes” coceos carl eschenbach and aneel bhusri said in their letter as the company restructures and shifts around resources it expects the cuts to largely impact the product and technology organization within workday wday  workday had about 15200 employees globally as of jan 31 2022 when the company last filed a 10k with the sec it had 12200 employees as of jan 31 2020 before the pandemic began see also ibm and sap join spotify google intel microsoft amazon salesforce and other major companies laying off thousands of people while other technology companies have admitted to growing too quickly as they’ve moved to lay off workers workday’s coceos framed their cuts differently “these moves are not the result of overhiring and in fact we plan to increase the size of our global workforce in fy24” they said in the note “based on what we know today we have no plans to take similar actions of this size in the foreseeable future” see also more than 75000 techsector employees have lost their jobs since the start of the year