Workday CEO Embraces Agentic AI Strategy

Workday reported revenue and net-income growth for the January-ended quarter, but shares fell about 10% after-hours on Tuesday after management issued a weaker subscription outlook. Reinstated CEO Anil Bhusri said agentic AI will be a growth catalyst but noted the company does not expect AI products to generate meaningful revenue until later this year. Workday cut about 400 jobs earlier this month.