Software giant SAP says to slash 3,000 jobs - Oraicity - Taaza khabre daily(Orai City)

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Tuesday, January 29, 2019

Software giant SAP says to slash 3,000 jobs

FRANKFURT: German software giant SAP said Tuesday it would slash around 3,000 jobs as it launches a mammoth cost-cutting programme against a background of stagnant profits."We are talking about a completely voluntary programme, we expect a number slightly higher than in 2015 of employees" to leave, chief financial officer Luka Mucic said, referring to a past move to cut 2,200 positions as SAP shifted focus to "cloud" computing from traditional software.

from Economic Times http://bit.ly/2CVw7KW
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