SAP Announces Restructuring: 8,000 Roles Overhauled in AI Pivot
SAP cuts 8,000 roles, invests $1B+ in AI, eyes startups. Restructuring includes leave, re-skilling, targets stable 2024 headcount. Forecasts 17-17.3B euros in 2024 cloud revenue. German software giant SAP has revealed a bold move to undergo a 2 billion euro ($2.17 billion) restructuring plan, affecting 8,000 roles, as part of its strategic shift towards a … Read more
