SAP logo

SAP to cut 2,200 jobs

Trade
(Image: SAP)

6 March 2015

SAP will cut over 2,200 jobs this year in activities where it sees no future, but plans to create others around cloud services and its HANA in-memory database offering, where it sees more potential.

“There won’t be any impact on customers. We will ensure that we have sufficient hand-over time between colleagues who might be leaving and others taking over,” a company spokeswoman said.

The restructuring will affect about 3% of SAP’s 74,400 employees. Workers in Germany, France, the UK and US will be offered early retirement, or the opportunity to switch jobs and work for other divisions of the company. Staff in Europe won’t be forced to leave, but lay-offs can’t be avoided elsewhere, said the spokeswoman.

She declined to say which areas will be affected as the employees must still be informed of the company’s plans.

The job cuts are necessary to ensure a solid financial foundation for the company, she said, adding that despite the cuts, the company will still expand its workforce in 2015.

IDG News Service

Read More:


Back to Top ↑

TechCentral.ie