Workday's (WDAY) contract with the US Office of Personnel Management, or OPM, for a new cloud-based human resources platform has been cancelled, Reuters reported Friday, citing a federal contracting website.
OPM awarded the contract earlier in May and Reuters said the contract was considered controversial given the absence of rivaling bids for the government project.
Workday and OPM did not immediately respond to MT Newswires' requests for comments.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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