Tech »  Topic »  Job cuts to fall hardest on non-revenue generating roles on the Global Customer Operations team

Job cuts to fall hardest on non-revenue generating roles on the Global Customer Operations team


Workday is laying off about two percent of its staff in a bid to align its people with its “highest priorities,” but at a significant cost to its margins for the quarter and the year, the company announced on Wednesday.

The SaaS-y HR vendor said most of the cuts will be to non-revenue generating roles in its Global Customer Operations team.

The Register sought more details and a company representative referred us to a regulatory filing.

Workday warned costs associated with the layoffs will impact the margins it reveals in its next earnings announcement on Feb. 24.

During its last earnings call in November, Workday said it was executing well against its efficiency goals and expects quarterly GAAP operating margins to come in at 9.5 percent and fiscal year GAAP margins to arrive at eight percent.

Workday said it now expects GAAP operating margins to be 24 to 25 ...


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