Workday CEO Addresses AI Impact on HR Software and Company Revenue

Workday CEO Aneel Bhusri reassured investors that AI-powered 'agentic' apps will not replace essential HR software providers like Workday, despite the company's shares dipping after forecasting subscription revenue below expectations.

1 Mar, 05:54 — 1 Mar, 05:54

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Times of India4d ago

Here's what the CEO of software company Workday said on AI

Workday CEO Aneel Bhusri reassured investors that AI-powered 'agentic' apps won't replace essential HR software providers like Workday. Despite revenue growth, the company's shares dipped after forecasting subscription revenue below expectations. Workday also announced a 2% workforce reduction, impacting 400 employees, as it aims to transform into a consumption-based platform.

By TOI TECH DESK

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Workday CEO Addresses AI Impact on HR Software and Company Revenue

Read at source (1 outlet)

Here's what the CEO of software company Workday said on AI

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