(Bloomberg News) SAP SE plans to cut about 2,200 positions, following a similar reduction last year as Europe’s biggest software company pivots its business toward less profitable applications delivered over the Internet to keep up with nimbler rivals.
The total number of jobs affected will amount to about 3 percent of SAP’s worldwide workforce of 74,000, according to personnel chief Stefan Ries. It’s uncertain how many jobs will go in the company’s home market of Germany.
Register or login for access to this item and much more
All Information Management content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access