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SAP announces transformation program and wants to cut thousands of jobs

2024-01-24T14:48:30.725Z

Highlights: SAP announces transformation program and wants to cut thousands of jobs. CEO Christian Klein wants to align the company more closely with AI and the cloud. CEO has already sworn the workforce to “hard work’ and “great discipline” as part of a restructuring. At the end of 2023, SAP had already caused some unrest among the workforce when the software company announced that it wanted to divide employees into “performers” and ‘non-performer’ based on performance.



As of: January 24, 2024, 3:34 p.m

By: Julian Baumann

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Software company SAP has announced a transformation program and wants to cut thousands of jobs.

© Uwe Anspach/dpa

Software company SAP has announced a transformation program for 2024 and wants to cut thousands of jobs worldwide as part of this.

Walldorf - Things have been simmering at Europe's largest software company SAP for some time.

CEO Christian Klein wants to align the company more closely with AI and the cloud and has already sworn the workforce to “hard work” and “great discipline”.

As part of a restructuring, there were already fears of further job cuts, which the Baden-Württemberg company confirmed on Tuesday (January 23) as part of a transformation program.

At

BW24

you can read how many jobs at SAP are to be cut as a result of the transformation program and how the software company plans to handle the job cuts.

At the end of 2023, SAP had already caused some unrest among the workforce when the software company announced that it wanted to divide employees into “performers” and “non-performers” based on performance.

Source: merkur

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