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Activist investor Elliott takes more than $2 billion stake in Workday
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Activist investor Elliott takes more than $2 billion stake in Workday
Sep 16, 2025 5:45 PM

Sept 16 (Reuters) - Activist investor Elliott Management

said on Tuesday it has taken more than $2 billion stake in human

resources software seller Workday.

Elliott said it is pleased with its dialogue with the

leadership team at Workday and expressed confidence that the

multi-year plan outlined at the company's Financial Analyst Day

will generate substantial long-term value for shareholders.

Earlier on Tuesday, Workday announced it would buy AI firm

Sana for about $1.1 billion, underscoring growing consolidation

in the HR software space as companies race to embed the booming

tech into their products in meet evolving customer demands.

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