Dayforce, Inc.
DAYDayforce, Inc. is a provider of cloud-based human capital management (HCM) software solutions, specializing in workforce management, payroll, benefits, talent acquisition, and HR management. The company's platform aims to streamline HR processes and improve workforce productivity for organizations across various industries.
Company News
Multiple companies are exploring potential sales and acquisitions, including Bill.com, C3 AI, Warner Bros. Discovery, and Sealed Air. Major tech, media, and private equity firms are actively bidding and considering strategic moves in various sectors.
Dayforce stockholders voted to approve the acquisition by Thoma Bravo, with approximately 88.4% of votes cast supporting the transaction. The deal is expected to close in late 2025 or early 2026, with stockholders receiving $70.00 per share in cash.
Law firm Brodsky & Smith is investigating potential breaches of fiduciary duties by boards of several companies during merger and acquisition processes, questioning whether shareholders are receiving fair value.
A survey of nearly 7,000 workers reveals a significant AI skills gap, with 71% of workers untrained in AI despite 63% believing AI skill development is important. Executives are leading AI adoption at 87%, while only 27% of workers are using AI, highlighting a critical need for workforce AI training and responsible AI governance.
