CEO of multi-billion software company Workday tells analysts: AI Agents are not replacing us, they are still very …
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.
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.
