🇺🇸☁️💼 Federal HR Overhaul: Workday Wins No-Bid Contract Under Musk-Led Reforms 🔹 Summary: The U.S. Office of Personnel Management awarded Workday a no-bid contract to overhaul its HR systems, citing urgent operational failures and Trump administration mandates. This decision comes amid Elon Musk’s aggressive federal workforce cuts, sparking industry surprise given strong competition from rivals like ADP and SAP. 🔹 Key Points: • OPM claims its outdated HR systems are causing payroll errors, benefit disruptions, and unsustainable manual workloads. • The contract bypassed competitive bidding, justified by urgent timelines set by the Department of Government Efficiency. • Musk’s DOGE initiative has already cut 260,000 federal jobs, claiming $160 billion in taxpayer savings. • Industry rivals, including Dayforce, questioned the sole-source award, though OPM cited Workday’s scalability with large clients. • Workday’s pricing was described as 70% cheaper than the current system, though the total contract value remains undisclosed. @CMEActiveTrader Tickers Of Interest: $ES $NQ $ZN Tickers Of Interest: $WDAY $ADP $SAP $USD $EUR $JPY $SPY $DIA $QQQ