SAP to Cut 2,250 Jobs While Creating Similar Number in Refocusing

Advertisement
By Reuters | Updated: 7 March 2015 09:52 IST
Business software maker SAP SE will cut about 2,250 posts, or around 3 percent of its global workforce, while creating a similar number in expanding parts of the company, as it accelerates a push to sell its products via the Internet.

Last year SAP, Europe's largest software maker, which employs about 75,000 workers worldwide, cut a similar percentage of posts, said Stefan Ries, SAP's chief of human resources.

"In principle this is a continuation of the (company's response to) changes in market circumstances," Ries said, adding the cuts were not part of a cost reduction plan but a refocusing of the company.

Advertisement

He said SAP expects to create about 2,200 jobs this year in growth areas such at its cloud business, its in-memory database Hana and Concur, the expenses software maker it bought last year for $7.3 billion.

Last year SAP created a similar number of new jobs, Ries said.

Advertisement

SAP has launched a high-stakes overhaul of its core software line, aiming to convince major corporate customers that its software can run their most critical applications to predict business conditions.

Established software makers such as SAP are battling to boost internet software sales and fend off pure cloud-based rivals such as Salesforce.com and Workday.

Advertisement

SAP workers in Europe can make use of voluntary leave arrangements. In Germany, France, the United Kingdom and the United States, SAP will in addition be offering early retirement.

SAP said it excludes forced redundancies in Europe.

Advertisement

© Thomson Reuters 2015

 

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Advertisement

Related Stories

Popular Mobile Brands
  1. New OTT Releases This Week : Dhurandhar 2, Maa Behen, The Pyramid Scheme, and More
  2. Tecno Pova 8 to Launch in India With 8,000mAh Battery on This Day
  3. From iOS 27 to Revamped Siri, What to Expect from WWDC 2026
  4. Xiaomi Pad 8 Price Increased: Here's How Much It Costs Now
  5. OnePlus Turbo 6X, OnePlus Turbo 6X Pro Key Specifications Teased
  1. Sahara Meteorite May Be Fragment of a Lost Moon-Sized World, Study Suggests
  2. OpenAI Introduces Smarter ChatGPT Memory, Adds Dreaming Architecture
  3. Tecno Pova 8 India Launch Date Announced; Battery Size, Design, Colour Options Teased
  4. Samsung Reportedly Starts Internal Testing of Android 17-Based One UI 9 for Galaxy S25 Series
  5. Bybit Lists Western Union’s USDPT Stablecoin for Trading and Transfers
  6. Xiaomi Pad 8 Price Hiked in India: Here’s How Much It Costs Now
  7. Instagram Reels Influencing Nearly Half of Purchase Decisions in India, Meta Study Claims
  8. OnePlus Turbo 6X, OnePlus Turbo 6X Pro Colour Options, Price Range, Key Specifications Teased
  9. Sattendru Maarudhu Vaanilai Now Streaming Online: Where to Watch Jai’s Romantic Thriller Movie
  10. Asics GEL-Kayano 33 Launched in India With New Stability Tech, FluidSupport System
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.