Business
Workday to acquire AI recruitment firm Paradox
The transaction is expected to close in the third quarter of Workday's fiscal year 2026, ending Oct 31, 2025, subject to the satisfaction of closing conditions.
Workday has entered into a definitive agreement to acquire Paradox, a candidate experience agent that uses conversational AI to simplify every step of the job application journey, for an undisclosed sum, the company announced.
The transaction is expected to close in the third quarter of Workday's fiscal year 2026, ending October 31, 2025, subject to the satisfaction of closing conditions, including required regulatory approvals.
Morgan Stanley is serving as financial advisor to Workday, and Orrick is serving as its legal advisor, the statement read. Qatalyst Partners is serving as financial advisor to Paradox and DLA Piper is serving as its legal advisor.
The addition of Paradox, according to the press statement, will give Workday an AI-powered talent acquisition suite to help customers more efficiently find, hire, and onboard every type of worker – from the frontline to the back office – for every type of work, from full-time to contingent.
"Hiring is one of the most critical moments in the employee experience, yet too often it's slowed down by outdated processes and disconnected tools," said Gerrit Kazmaier, president, Product & Technology, Workday.
"By bringing Paradox's candidate experience AI agent into Workday, we're giving organisations a smarter, faster, and more engaging way to connect with candidates. Together, we'll help our customers move from transactional recruiting to transformative hiring that helps deliver talent in less time, and with a better experience for everyone," said Kazmaier.
According to the company's statement, Paradox's candidate experience agent gives candidates instant responses, self-scheduling capabilities, and 24/7 support in a natural conversational experience.
"From day one, our mission has been to help our customers' recruiting and hiring teams spend more time with people and less time with software," said Adam Godson, CEO, Paradox. "Workday's global reach and comprehensive platform provide the perfect runway for us to accelerate our mission, bringing our proven conversational AI to a much bigger audience and helping more companies around the world transform their hiring processes."
Paradox, launched in 2016, has powered more than 189 million AI-assisted candidate conversations, according to the statement.
"Workday's acquisition of Paradox is a highly strategic move," said Josh Bersin, global industry analyst and CEO, The Josh Bersin Company. "This establishes Workday as a leader in high-volume, frontline hiring, which covers 70% of the jobs in the world, and also brings a pioneering AI product team into the company. Workday customers should be excited about the potential."
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