INDEX / DIRECTORY / WORKDAY / ECONOMIC

Workday ECONOMIC

ECONOMIC AUDIT UPDATED 2026-09-11
Economic Score 6.50 /10 C Workday - BDS-1000 561
Economic 6.50

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Supply Chain & Sourcing Relationships

Workday’s reviewed disclosures describe a cloud enterprise-software business, and the reviewed acquisition materials concern the purchase and integration of HiredScore rather than physical-goods procurement 1, 2.

No public evidence identified of Workday sourcing Israeli agricultural or consumer goods, acting as an importer of record, maintaining recurring seasonal procurement, or using distributors for Israeli-origin consumer products.

The 2024 acquisition of HiredScore establishes a technology-business relationship that resulted in an Israeli Workday subsidiary and a HiredScore product-line support function, rather than a documented physical supply-chain relationship 1, 3, 4.

No public evidence identified of authorised Israeli resellers, Israeli public-sector customers, Israeli government procurement awards, IDF or Ministry of Defense contracts, or settlement-customer relationships in the reviewed materials.

Product Origin, Labeling & Regulatory Compliance

Workday’s documented Israeli activity concerns software operations and support services for the Workday HiredScore product line 4, 5, 6.

No public evidence identified of Workday selling physical Israeli-origin products, settlement-origin goods, or products requiring country-of-origin labelling in the reviewed disclosures and official materials.

No public evidence identified of a Workday policy specifically governing labelling of goods from occupied territories, regulatory enforcement concerning such labelling, or public product-origin disclosures tied to Israeli manufacturing.

The supplied document-scoped review found no mention of Workday in the 2023 and 2025 OHCHR settlement-database updates, although this does not establish absence from all settlement-related activity or databases 7.

The supplied review likewise found no Workday mention in the specified UN, BankTrack/DBIO, PAX, Who Profits, HRW, Amnesty, Al-Haq, BDS, KLP, and insurance-sector materials, which is limited to those reviewed documents 7.

Investment, Capital & Financial Exposure

On 29 March 2024, Workday acquired all outstanding stock of HiredScore, Inc. for acquisition-date consideration of $530 million in cash 1.

Workday included HiredScore’s results in its consolidated financial statements from the acquisition date 1.

Workday announced on 26 February 2024 that it had entered into a definitive agreement to acquire HiredScore, which it described as an AI-powered talent-orchestration provider 2.

IATI’s 2025 booklet describes Workday Israel Ltd. as established in Israel in 2024 and characterises the acquisition as converting HiredScore into the “Workday Israel Site”; this is third-party institutional reporting, while the acquisition date and consideration are established by Workday’s SEC filing 1, 8.

Workday’s 2026 subsidiary exhibit lists Workday Israel Ltd. in Israel and HiredScore LLC in Delaware, confirming their listed jurisdictions and subsidiary status 3.

The same exhibit lists Paradox.AI Israel Ltd., but the reviewed materials do not establish its acquisition date, consideration, operational role, or ownership percentage 3.

No public evidence identified of Israeli sovereign-bond or Israel Bonds holdings, Israel-focused fund holdings, direct lending or trade-finance facilities, insurance underwriting, Israeli PTE status, or Israeli factory, data-centre, logistics-hub, or real-estate investment.

Operational Presence & Market Activity

Workday’s contact page lists a Tel Aviv office at 13 Ha’arbaa Street, Tel Aviv-Yafo 6473913 5.

Workday’s affiliates page identifies Workday Israel Ltd. at 25 Lilienblum Street, Tel Aviv-Yafo, and identifies HiredScore, LLC as formerly HiredScore, Inc. 6.

The reviewed public materials do not reconcile the differing Tel Aviv addresses listed on Workday’s contact and affiliates pages 5, 6.

Workday’s 1 August 2024 subprocessor list identifies Workday Israel Ltd. in Israel as providing support and maintenance services for the Workday HiredScore product line 4.

That subprocessor list states that HiredScore’s list was migrated into Workday’s list and that Workday Israel Ltd. was added for the HiredScore product line on the same date 4.

IATI reported more than 140 employees for Workday Israel Ltd. in 2025, while no current Workday country-level headcount was identified in the reviewed material 8.

A contemporaneous Calcalist report stated that HiredScore had more than 150 employees, mainly in Tel Aviv, and described its Israeli operation as a development centre; this is secondary reporting rather than a Workday disclosure 9.

No public evidence identified of a Workday office, reseller, customer contract, or service location in the West Bank, East Jerusalem settlements, or the Golan Heights.

Corporate Structure & Foundational Ties

Workday, Inc. is a Delaware corporation with principal executive offices in Pleasanton, California 10.

The verified Israeli nexus is an Israeli subsidiary and Tel Aviv operation following Workday’s 2024 acquisition of HiredScore, rather than Israeli founding, headquarters, or legal domicile of Workday, Inc. 1, 3, 5, 10.

Workday’s 2026 proxy lists an 11-member board comprising Aneel Bhusri, Thomas F. Bogan, Elizabeth Centoni, Lynne M. Doughtie, Wayne A.I. Frederick, Mark J. Hawkins, Michael M. McNamara, Rhonda J. Morris, Michael L. Speiser, George J. Still Jr., and Jerry Yang 11.

The proxy identifies Bhusri as Workday’s sole non-independent director 11.

Workday announced that co-founder Aneel Bhusri returned as CEO on 9 February 2026, when Carl Eschenbach stepped down as CEO and board member 12.

Workday’s October 2025 quarterly filing identifies David A. Duffield as co-founder and CEO Emeritus and Bhusri as co-founder and Executive Chair 13.

That filing reports that Duffield and affiliates held voting rights over approximately 42 million Class B and 0.1 million Class A shares, while Bhusri and affiliates held voting rights over approximately 8 million Class B and 0.4 million Class A shares 13.

The filing states that Duffield and Bhusri collectively held a substantial majority of Workday’s voting power 13.

No public evidence identified of Israeli state ownership, Israeli government board appointments, critical-national-infrastructure designation, Israeli-state-linked golden-share or founder-share mechanisms, or an Israeli government contract in the reviewed sources.

Profit Repatriation & Economic Contribution

Workday paid cash consideration for the HiredScore acquisition and consolidated HiredScore’s financial results from 29 March 2024 1.

The reviewed filing does not disclose Israel-specific revenue, profit, tax paid, or profit-repatriation amounts 1.

No public evidence identified of revenue attributed to Israel, Israeli tax-residency or PTE treatment, or a public industry or government designation of Workday as a key Israeli-sector employer or infrastructure provider.

A principal-linked foundation was verified for co-founder David Duffield: the Dave and Cheryl Duffield Foundation, a Nevada private foundation with EIN 47-4279721 14.

Its fiscal-2024 Form 990-PF reports $887.3 million in total assets and $10.87 million in charitable disbursements 14, 15.

The fiscal-2024 grant schedule identifies 14 recipients, including animal-assistance, education, school, humane-society, veterans-support, and police-survivor organisations 14, 15.

No recipient in the available fiscal-2024 schedule extract is identified as Israel-, Palestine-, settlement-, or Middle East political-advocacy-related 14, 15.

The available fiscal-2023 filing record reports $13.43 million in charitable disbursements, but its detailed recipient schedule did not render in the accessible record, so no recipient-level conclusion is made for that year 14, 16.

Forbes reported, citing FEC-filed records, that David Duffield contributed to Donald Trump’s campaign in August 2020 and gave $1,000 to the Republican National Committee in May 2020; the report does not identify an Israel/Palestine connection for those contributions 17.

Footnotes

  1. https://www.sec.gov/Archives/edgar/data/1327811/000132781124000165/R15.htm ↩ ↩2 ↩3 ↩4 ↩5 ↩6 ↩7 ↩8

  2. https://newsroom.workday.com/2024-02-26-Workday-Announces-Intent-to-Acquire-HiredScore ↩ ↩2

  3. https://www.sec.gov/Archives/edgar/data/1327811/000132781126000014/wday-01312026xex211.htm ↩ ↩2 ↩3 ↩4

  4. https://trustarc.com/pdf/workday-subprocessors-20240830.pdf ↩ ↩2 ↩3 ↩4

  5. https://www.workday.com/en-ae/company/about-workday/contact-us.html ↩ ↩2 ↩3 ↩4

  6. https://www.workday.com/en-us/privacy/workday-affiliates.html ↩ ↩2 ↩3

  7. https://www.ohchr.org/en/press-releases/2025/09/un-human-rights-office-updates-database-businesses-involved-israeli ↩ ↩2

  8. https://iati.co.il/wp-content/uploads/2025/01/Booklet-2025.pdf ↩ ↩2

  9. https://www.calcalist.co.il/calcalistech/article/hyduowon6 ↩

  10. https://www.sec.gov/Archives/edgar/data/1327811/000132781124000044/wday-20240131.htm ↩ ↩2

  11. https://www.sec.gov/Archives/edgar/data/1327811/000110465926055687/tm261347-2_def14a.htm ↩ ↩2

  12. https://newsroom.workday.com/2026-02-09-Workday-Announces-CEO-Transition-as-Co-Founder-Aneel-Bhusri-Returns-to-Lead-the-Companys-Next-Chapter ↩

  13. https://www.sec.gov/Archives/edgar/data/1327811/000132781125000198/wday-20251031.htm ↩ ↩2 ↩3

  14. https://projects.propublica.org/nonprofits/organizations/474279721 ↩ ↩2 ↩3 ↩4 ↩5

  15. https://projects.propublica.org/nonprofits/organizations/474279721/202543179349102309/full ↩ ↩2 ↩3

  16. https://projects.propublica.org/nonprofits/organizations/474279721/202433199349105368/full ↩

  17. https://www.forbes.com/sites/michelatindera/2020/09/30/workday-chairman-david-duffield-joins-small-group-of-silicon-valley-billionaires-who-have-donated-to-trumps-campaign/ ↩