Workday wants AI to punch in instead of having to hire new recruits
CEO eyes margin gains by keeping headcount flat – bold for a company selling HR software to employers
Workday is hoping to boost its revenueand margins by using AI agents instead of hiringpeople, according to its CEO.
After announcing revenue growth, Aneel Bhusri – the company co-founder who wasreinstated as CEO in February – said his aspiration is to keep headcountthe same while sustaining growth and increasing margins by harnessing AI.
"I'd love to see us continue the growththat we had in Q1, but keep headcount as close to flat for the year as possiblebecause we are getting the benefits of using our own products and other AItools. That's where I'm hopeful and believe that we're going to have additionalmargin expansion as we get those benefits. That's different than what my viewwas coming in three months ago."
In its Q1 results ended April 30, Workday recorded net profit of...
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