Massive job cuts at German technology giant: 8,000 employees facing closure. SAP is expected to create new jobs primarily outside of Europe.
Germany is particularly affected, with 2,600 jobs expected to be lost. Job cuts at SAP are partly through voluntary measures such as early retirement and severance payments, partly through further training and partly through layoffs. In Germany there is an employment guarantee, so dismissals are excluded. According to company sources, there are hardly any alternatives in Germany for employees who are considering retraining.