Workday CEO Carl Eschenbach has announced his resignation, with co-founder Aneel Bhusri stepping in as the new CEO. Bhusri, who has held various leadership roles at the company, emphasized the importance of artificial intelligence (AI) in shaping the future of the software sector. This transition comes amid concerns about AI’s impact on the industry and a decline in Workday’s stock performance. Eschenbach, who has been with the company for several years, expressed pride in the achievements made during his tenure as CEO, including operational improvements and advancements in AI technology. Workday’s strategic decisions and leadership changes reflect the evolving landscape of the software industry.