back to article Workday subscription revenue forecasts leave investors cold, wiping 9% off company value

Workday has swallowed vendor management SaaS type VNDLY for over half a billion dollars, just as 9 per cent of the company's value was wiped off after moderately positive financial results failed to impress investors. The US-based business application company, which specialises in finance and HR, posted calendar third-quarter …

  1. Doctor Syntax Silver badge

    The sort of Scrabble hand you don't want.

  2. JimboSmith Silver badge

    If Amazon can't make it work

    Somebody said to me when it emerged the online retailler couldn't make it work.......

    If Amazon can't make it work then what hope is there for other large firms?

    Interesting thought although I've not seen enough of Workday to be able to judge.

    1. Youngone Silver badge

      Re: If Amazon can't make it work

      The huge corporation I work for uses Workday, and its fairly poor on the whole, but poor is standard for all of the cloud services we now use.

  3. Anonymous Coward
    Anonymous Coward

    no

    Every website with "workday" in url I had to access was messy, not rendering correctly, sluggish,etc

    1. WolfFan Silver badge

      Re: no

      Consider yourself lucky. It’s worse when it actually comes close to working.

  4. WolfFan Silver badge

    Die, Workday, die

    I do some adjunct instructing for a local fine institute of higher education. They dropped Canvas on us, after warning that it was coming 18 months in advance… and achieved the miracle of making everyone wish for Blackboard, which had been universally hated, back. At the same time they discontinued their home-grown website, firing the staff who’d run it, and dropped Workday on us with no warning at all. The screams about Canvas are muted because of the volume and ferocity of the screaming about Workday. Canvas affected the faculty and students; Workday affects _everyone_. Workday is hated with the proverbial fury of 10,000 suns. The senior management persons who gave us Workday have either left or are on their way out. Some of the students and IT faculty (not including me, there’s no way that I am going near that project, thanks) are making noises about rebuilding the website themselves rather than using Workday. Management is not amused. I suspect that some students see the project as a way to be able to fiddle with grades; the kind of students who can set up the site wouldn’t need to play with their grades, but there are a lot of other students who have more money than brains, and no doubt there are dollar signs flashing. One reason why management hates the idea.

    Seriously, everyone hates Workday. Except management.

  5. Miss Config
    Boffin

    SAAS Definition

    You take it for granted that readers know what 'SAAS' means. For the record :

    Software As A Subscription

  6. david1024

    Being a current victim

    I am a victim of a recent rollout. Thank goodness they left payroll out so we still get paid. Noone knows how it works, is supposed to work, or can figure out how to fix it.

    Headline should read "Software so bad even Amazon won't use it!"

    I give it at least another year before the drones figure out that it really doesn't scale and they can't fix it no matter how much money you give them.

    So anyone want to start a new HR software company that actually delivers working software? Workday is already creating a customer base ripe for the pickings

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