Workday CEO Highlights AI's Impact on Labor During Earnings Call
Workday (WDAY) reported strong first-quarter results with a 5% stock jump following earnings. The company noted that over 25% of new expansion ACV included AI, and those deals were more than 50% larger. CEO Aneel Bhusri suggested AI is replacing labor rather than software in the enterprise space.
Tickers: $WDAY
Topics: AI enterprise software headcount strategy productivity Workday earnings