CEO of US company that cut over thousand jobs in AI push calls narrative that AI is killing software jobs …
Workday CEO Carl Eschenbach has dismissed concerns that artificial intelligence (AI) will affect software business models. He called such fears overblown, despite his company cutting over 1,700 jobs last year as part of an AI-focused restructuring. In an interview with CNBC’s “Squawk Box” from the World Economic Forum in Davos, Switzerland, Eschenbach said, “It’s an overblown narrative, and it’s not true,” adding that AI is a tailwind and “absolutely not a headwind” for the company.
The comments follow Workday’s elimination of about 1,750 jobs, or 8.5% of its workforce, in February 2025.
