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Workday cuts 400 jobs as software stocks tumble

Business Insider Fews App News Provider
Fews App Post Time há 6h

Dado Ruvic/REUTERSWorkday announced layoffs affecting about 2% of its workforce, mostly those in customer-service roles. The company said it's realigning resources while continuing to hire in strategic areas and locations. The cuts come as AI developments rattle software investors, with Workday shares down about 34% from a year ago.

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