Sap Job Cuts 2024. What to know about the latest sap job cuts. German tech major sap has announced a 2 billion euro ($2.17 billion) restructuring program for 2024, impacting 8,000 employees as it focuses on ai.
The stock is rallying on updated. Jan 26, 2023, 10:30 pm.
Berlin—Software Company Sap Se Joined The Ranks Of Tech Companies Announcing Job Cuts This Year, Saying It Would Shed Up To 3,000 Positions After A Steep Profit Drop In Late.
The job cuts will cost the company between $358 million and $429 million, mainly in the first quarter of 2023.
It Expects To Increase Its Operating Profits By 10% To 13% In 2023.
Sap said it expects to add back new.
The Stock Is Rallying On Updated.
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Sap And Ibm Announce Mass Layoffs As Tech Job Cuts Continue.
German tech major sap has announced a 2 billion euro ($2.17 billion) restructuring program for 2024, impacting 8,000 employees as it focuses on ai.
Ibm, Which Employs About 3,000.
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.
Berlin—Software Company Sap Se Joined The Ranks Of Tech Companies Announcing Job Cuts This Year, Saying It Would Shed Up To 3,000 Positions After A Steep Profit Drop In Late.