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flag Workday plans to lay off 1,750 employees to invest in AI, while shares rise post-announcement.

flag Workday, a human resources software company, plans to lay off 1,750 employees, or 8.5% of its workforce, to focus on artificial intelligence investments and drive growth. flag The company will offer laid-off US employees a minimum of 12 weeks of pay, with additional weeks based on tenure. flag Despite the layoffs, Workday expects to continue hiring in certain positions and locations. flag The company's shares rose more than 2.5% following the announcement.

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