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Workday cuts 1,750 jobs, reducing workforce by 8.5%, CEO says, 'necessary for…'

AP
CEO Carl Eschenbach said the layoffs were necessary for ongoing growth efforts at the company.
 Current CEO of WOrkday Carl Eschenbach, then co-president of VMware, speaks at the Nexenta OpenSDx Summit Thursday, Aug. 28, 2014, in San Francisco. (AP Photo/Noah Berger, File)
Current CEO of WOrkday Carl Eschenbach, then co-president of VMware, speaks at the Nexenta OpenSDx Summit Thursday, Aug. 28, 2014, in San Francisco. (AP Photo/Noah Berger, File)

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News world news Workday cuts 1,750 jobs, reducing workforce by 8.5%, CEO says, 'necessary for…'