It seems like 2014 is the year of “layoffs.” IBM (IBM), Microsoft (MSFT), and EMC (EMC) announced layoffs to streamline their operations. Yahoo (YHOO) announced job cuts in 2012. According to Reuters, ...
The latest job cuts represent 2.5pc of the global SAP workforce in a move that will see the software company focus on cloud. European software giant SAP plans to cut around 3,000 jobs this year while ...
One of Europe’s most valuable companies is restructuring 8,000 jobs as it joins a growing list of firms shifting their focus to artificial intelligence. SAP (SAP), the enterprise software giant, ...
SAP has unveiled strategic restructuring plans for the year ahead, which will include repositioning workers instead of firing them. In an official announcement, the German software giant confirmed ...
Shares of SAP jumped as much as 8% on Wednesday as the German software giant laid out a plan to cut jobs alongside a boost to its profit outlook. SAP XE:SAP SAP said it will cut 8,000 jobs this year, ...
:Shares of SAP SE jumped 7 per cent to an all-time high after the German software firm forecast growth in cloud revenue and said it will restructure roles for 8,000 jobs to focus on growth in ...
The restructuring at SAP affects almost a tenth of its workforce. The company estimates the cost of the internal restructuring at around €3 billion. SAP’s restructuring is having a greater impact on ...