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. Redmi Note 17 Pro Max Listed on NBTC Website Ahead of Imminent Launch
  2. Tecno Camon 50 Ultra 5G Sale Begins in India Today
  3. These OnePlus Smartphones Could Receive the ColorOS 17 Update in India
  4. Samsung Galaxy Unpacked Event Today: How to Watch Livestream
  5. OnePlus N6x Design, Colour Options Teased Ahead of India Launch
  1. Vivo S2 India Launch Reportedly On the Horizon as Promotional Poster Leaks
  2. Samsung Galaxy Unpacked Event Today: How to Watch Galaxy Z Fold 8 Ultra, Galaxy Z Flip 8, Galaxy Watch 9 Launch Live
  3. Offline UPI Payments With NFC Support Could Launch in India Soon
  4. Samsung Galaxy S26 Ultra's Privacy Display Feature Gets a Major Upgrade in One UI 9 Beta
  5. OnePlus N6x Design, Colour Options Teased in New Marketing Material Ahead of Imminent Launch in India
  6. OnePlus 11, Nord 4, and Newer Models Tipped to Receive the Android 17-Based ColorOS 17 Update in India
  7. Redmi Note 17 Pro Max Appears on Thailand's NBTC Certification Database, Might Launch Soon
  8. Apple’s First Foldable iPhone Reportedly Appears in iOS 27 Beta Code With a Multi-Battery Setup
  9. X for Android App Undergoes Major Design Overhaul, Enhanced Performance and Reliability
  10. Samsung Galaxy Buds Able to Reportedly Skip Galaxy Unpacked Launch; Could Debut in October
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.