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Bay Area tech CEO given $3.5M severance payment as company lays off hundreds

2 7
11.02.2026

A view of software giant Workday’s headquarters in Pleasanton, Calif., which is near the Stoneridge Shopping Center.

Workday, the Bay Area tech giant known for its HR and payroll tools, has revealed that it’s shedding hundreds of employees and swapping out its CEO.

The company announced a 2% layoff round in a Feb. 4 filing with the Securities and Exchange Commission, mainly cutting “non-revenue generating roles” on customer-facing teams. SFGATE received Workday’s WARN filing — required in the event of mass layoffs — on Tuesday; it lists 154 cuts at the company’s Pleasanton headquarters. 

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Workday listed its head count as over 20,400 in January 2025 but laid off more than 1,700 workers that February. If the workforce size stayed relatively flat since then, the fresh 2% cut should hit roughly 375 employees. Workday wrote in........

© SFGate