Workday, the HR and finance management company, is the latest tech giant to lay off a mass of employees in the name of AI. In a Wednesday announcement titled "Changes to Position Workday for the Future," the organization shared that it's eliminating 1,750 employees, about 8.5 percent of its workforce. The public statement from CEO Carl Eschenbach was initially emailed to employees. Within a series of paragraphs in which Eschenbach acted really torn up about choosing AI over people, he summed up this trend pretty clearly: "Companies everywhere are reimagining how work gets done, and the increasing demand for AI has the potential to drive a new era of growth for Workday." Eschenbach later adds that Workday will be "prioritizing innovation investments like AI and platform development, and rigorously evaluating the ROI of others across the board."

UiPath CEO Daniel Dines, seen here with technologist Kai-Fu Lee at a May tech event in Paris, ... [ ] recently approved layoffs to more than 10% of the startup's workforce. Investors looking for fresh signs the party is over for high-valued tech companies got more ammunition on Wednesday as robotic process automation company UiPath confirmed layoffs of several hundred employees just months after raising money at a $7 billion valuation. UiPath, a Bucharest, Romania-founded business now based in New York, said the layoffs affected between 300 and 400 employees, or about 11% of its workforce. The company said its chief financial officer is stepping down at year's end in what it says is an unrelated move. News of the layoffs and departure were first reported by the New York Business Journal.