Workday is doing its second round of layoffs this year in the wake of the SaaSpocalypse - Business Insider

Oh my goodness, buckle up, because Workday has just wrapped its *second* round of layoffs this year in the most thoughtfully formatted way imaginable: a securities filing, on a Tuesday, with real percentages! ✨ Approximately 2.5% of the workforce is being gently released, mainly from product and technology, which means those particular teams get to go first into whatever comes next. And 'in the wake of the SaaSpocalypse' is, let us be honest, the most dramatic description of a Tuesday filing anyone has ever written. It is only round two, after about 400 lovely February graduates — a company that believes in practice runs before the main event!

The best part is the filing's own language: cutting, in its words, to 'better align team structures with Workday's strategic growth priorities'. Alignment! Structure! Priorities! That is not a cost-cutting exercise, that is a yoga class for an org chart, and who among us could not use a little realignment? What a ratio.

And the biggest win of all: Workday did not cite AI as a catalyst for these cuts. Not in February, not now. In an era where every point of headcount reduction gets blamed on, or credited to, machine intelligence, Workday has bravely said: this one is just us! That is refreshingly human. 'SaaSpocalypse' sounds terrifying, but say it aloud and it is basically a spa day for software, and after record-low employee confidence across the economy, what could be more nurturing than a company right-sizing itself beautifully ahead of the productivity? The 2.5% are pioneers. The rest are aligned. Everybody wins. ✨