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, ...
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, ...
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 ...
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 ...
(Bloomberg) -- SAP SE shares jumped the most in more than three years after the German software company said it’s planning a restructuring that will affect about 8,000 jobs and increase its focus on ...