Company Intelligence
Workday is a leading provider of cloud-based enterprise applications for human capital management (HCM) and financial management. The company serves large enterprises and public sector organizations with HR, payroll, talent management, planning, and analytics solutions.
Enterprise Software
Headquarters
Pleasanton, CA
Employees
~18,800
Revenue
$7.8B (FY2025)
Fiscal Year End
January 31
Founded
2005
Current leadership team based on public filings and announcements.
Carl Eschenbach
CEO
Zane Rowe
CFO
Aneel Bhusri
Co-Founder & Executive Chairman
Sayan Chakraborty
President, Product & Technology
David Somers
Chief Product Officer
Rich Sauer
Chief Legal Officer
Key events and changes that sales teams should know about.
CEO Carl Eschenbach completed his first full year leading Workday after taking over from co-founder Aneel Bhusri in early 2024, bringing a more operationally disciplined approach.
2024-12
Q3 FY2025 subscription revenue grew 16% YoY to $1.90B. The company raised its full-year guidance and expanded operating margins to 26.3%.
2024-11
Launched Workday AI across HCM and financial management, including AI-assisted job descriptions, skills matching, anomaly detection, and natural language analytics.
2024-12
Expanded partnerships with AWS and Google Cloud to offer Workday in sovereign cloud environments, targeting highly regulated industries and government customers.
2024-10
Announced a workforce restructuring reducing headcount by approximately 1,700 roles (8.5%) while reinvesting in AI engineering and international go-to-market teams.
2024-11
Workday is one of the largest HCM and financial management platforms, serving over 10,000 organizations including more than 50% of the Fortune 500. With ~18,800 employees and a fiscal year ending January 31, Q4 purchasing runs November through January. The CEO transition from co-founder Aneel Bhusri to Carl Eschenbach (former Sequoia Capital partner and VMware COO) signals a shift toward operational efficiency and profitability, which means procurement teams are scrutinizing vendor spending more carefully.
Workday's AI strategy is creating significant opportunities for vendors in the AI/ML ecosystem. The company is embedding AI across its entire platform -- from skills-based talent management to financial anomaly detection -- and needs supporting infrastructure for model training, data processing, and responsible AI governance. Vendors selling data governance, AI infrastructure, or workforce analytics tools should position their solutions as complementary to Workday's AI roadmap.
The 2024 workforce restructuring (1,700 role reductions) indicates a company in transformation. While some budgets are tightening, Workday is actively reallocating investment toward AI, international expansion, and industry-specific solutions for healthcare, education, and government. Sales teams should target these growth areas rather than cost-optimization pitches. Workday's enterprise customer base (large organizations with complex procurement) means multi-quarter sales cycles with formal RFP processes and security reviews are the norm.
Key competitors based on market analysis and public filings.
Workday's fiscal year ends on January 31. FY2025 covers February 1, 2024 through January 31, 2025. Q4 budget decisions and year-end purchasing happen primarily in December and January.
Workday is on track to report approximately $7.8 billion in total revenue for FY2025 (ending January 31, 2025), with subscription revenue making up the vast majority. Year-over-year growth has been approximately 16-17%, with improving profitability under new CEO Carl Eschenbach.
Workday is headquartered in Pleasanton, California. The company also has significant offices in Atlanta, Boulder, Dublin (international headquarters), Munich, and multiple locations across Asia-Pacific.
Workday employs approximately 18,800 people as of early 2025, down from a peak of about 20,500 following a workforce restructuring in early 2024 that reduced headcount by roughly 1,700 roles. The company is reinvesting in AI and international teams.
Carl Eschenbach became CEO of Workday in early 2024, succeeding co-founder Aneel Bhusri, who transitioned to Executive Chairman. Eschenbach previously spent nine years as a General Partner at Sequoia Capital and before that was President and COO of VMware.
See leadership changes, strategic initiatives, earnings insights, and buying signals for Workday — updated continuously.
