CEO says the move ‘has the potential to drive a new era of growth for Workday,’ but there are concerns about customer service during the transition.

Workday (NASDAQ:WDAY) plans to reduce its workforce by approximately 1,750 employees, which represents about 8.5% of its current staff. This move comes as part of a broader strategy to enhance operational efficiency amid changing market conditions.

Workday has announced plans to cut 1,750 jobs. The cuts amount to 8.5% of the Pleasanton-based HR and employee management platform’s total workforce. According to an open letter from Workday CEO Carl Eschenbach addressed to “Workmates,