SAP cuts jobs, “targeted” restructuring affects 3,000 employees

SAP boss Klein (archive)

The manager has given shareholders significant profit increases in 2023.

(Photo: Bloomberg)

Dusseldorf SAP is planning staff cuts: the software manufacturer announced a “targeted restructuring program in selected areas of the company” on Thursday. Around 3,000 employees are affected, 200 of them in Germany, said spokesman Christian Klein on Thursday. This corresponds to 2.5 percent of the workforce of the Dax group.

The goal is to “focus more on strategic growth areas,” explained the manager when the business figures for 2022 were published. While business with business software – in technical jargon ERP – is to be strengthened, for example Cuts in sales and marketing programs planned. This in turn is called CRM in the industry.

Unlike previous restructurings, no early retirement program is planned: Depending on the legal situation, there will be separation agreements or layoffs, announced CFO Luka Mucic. SAP currently has almost 120,000 full-time positions, around 20 percent more than before the outbreak of the pandemic.

Savings at SAP follow Microsoft and Salesforce

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