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