Workday Sells Pleasanton Office, Trims Staff

0:00It's April 22nd. Welcome in. This is California News today, where local news meets AI. I'm Cory with the story. Workdays pulling back in Pleasanton again, selling off their second office building this year to cut down their East Bay presence. They unloaded the four-story spot at 6,000 Stone Ridge Mall Road for $5.6 million, according to county records filed April 17th. The buyer was grant private wealth management, a local investment firm acting through an affiliate. That's a steep drop, 61.8% less than the $14.5 million workday shelled out back in 2016. Earlier this year in January, they flipped another Pleasanton building at 5,928 Stone Ridge Mall Road for 21.8 million dollars to PG&E, wrapping up a 209,000 square foot property. This fits into Workdays' bigger moves to trim staff across the Bay Area over the past 12 months, adjusting headcount worldwide amidst shifting tech demands.

1:02As they streamline operations, keep an eye on how these sales reshape the local office scene and what it means for jobs in the region.