Workday Falls After Amazon Ends Deal for HR Software
This article is for subscribers only.
Workday Inc. shares fell the most in eight months on news that Amazon.com Inc. stopped using its human resources software.
Amazon ended a deal to roll out the software, Business Insider reported Tuesday, sending shares down as much as 7.8%, the most intraday since Nov. 20. Workday confirmed the news in a statement, saying the decision was made 18 months ago because of the e-commerce company’s “unique set of needs.”