SaaS Provider Workday Signs Its Biggest Deal Ever with Walmart
Last Wednesday in an 8-K filing with the Securities and Exchange Commission, SaaS provider Workday, Inc. (NYSE: WDAY) revealed that Walmart, one of the world’s largest private employers, had signed a subscription deal for Workday’s Human Capital Management, Recruiting, Learning and Planning products. In the filing, Workday said it was not updating its financial guidance for the fourth quarter of its fiscal year ending January 31, 2017 or the fiscal year ending January 31, 2018.