Cloud software major SAP’s restructuring plan to affect 8,000 jobs ...Middle East

New Delhi: Cloud software major SAP has announced a company-wide restructuring programme in 2024 that will affect approximately 8,000 positions. The majority of the approximately 8,000 affected positions is expected to be covered by voluntary leave programmes and internal re-skilling measures, the company said in a statement. SAP had about 108,000 full-time employees at the end of 2023 and the restructuring will affect over 7 per cent of its workforce. Reflecting re-investments into strategic growth areas, SAP said it expects to exit 2024 at a headcount similar to current levels. SAP now expects 10 billion euros ($10.85 billion) in 2025 adjusted operating profit which reflects share-based c

Hence then, the article about cloud software major sap s restructuring plan to affect 8 000 jobs was published today ( Thursday 25/01/2024 - 08:44 AM ) and is available on News room odisha ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Cloud software major SAP’s restructuring plan to affect 8,000 jobs )

Last updated : 25 January 2024 clock 08:44 AM

Also on site :

Cloud software major SAP’s restructuring plan to affect 8,000 jobs ...Middle East

Chelsea Handler Slams 'The Hills' Alum Spencer Pratt's Bid to be L.A. Mayor

Britain’s hard right on the march as tens of thousands descend on London

Aubrey Plaza, Adam Driver, Vanessa Kirby and Matthew Broderick to Star in Kenneth Lonergan’s Drama ‘Tomorrow Is a Drag’ (EXCLUSIVE)

HGTV Star Addresses Mistake That Led to Sudden Exit From Show

The Latest: The grand final in this year's Eurovision Song Contest gets underway in Vienna

Christopher Lloyd Played A Video Game Villain In This Forgotten '90s Sci-Fi Series

FA Cup final – Chelsea 0-1 Man City: Antoine Semenyo seals fairytale

Jack Schlossberg Says He Won’t “Ever Process” His Sister Tatiana’s Death: “She Was My Best Friend”

Erdogan: Israeli Provocations Must End, Then Peace Can Be Built in Region

Seth Rogen Says “You Shouldn’t Be A Writer” If You Use AI, Calls It “Stupid Dog Sh*t”

Tech CEOs summoned to Congress for another hearing on social media’s risks for children

Israeli strike kills Hamas’ military wing leader, who Israel says was an architect of Oct 7 attacks

Four bystanders tackle knife-wielding driver after car plows into crowd in Italy

John Lennon: The Last Interview Undercuts Its Insights With Pointless AI Gimmicks

Harry Styles Set List: Every Song Played at His ‘Together Together’ Tour’s Opening Night in Amsterdam