Workday cuts hundreds of jobs ...Middle East

Technology by : (The Hill) -
The cloud software company Workday plans to cut hundreds of jobs as it lays off about 3 percent of its global workforce.  The company told employees in a message on Tuesday that it decided to restructure and realign some teams across the company, leading to the layoffs, the majority of which will be those working on product and technology, according to a copy of the message from the Securities and Exchange Commission.  The message said company leaders will meet with the affected employees and expect notifications to be completed by the end of the day Tuesday, Pacific Standard Time.  “While our confidence in the fundamentals of our business and future growth prospects remains stro

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