The job quake in the tech industry continues.
Now the German software giant SAP has also announced deep cuts.
Walldorf – The wave of layoffs in the tech industry is spreading: after Google, Microsoft and Facebook parent Meta, SAP is now cutting back on staff.
Europe's largest software manufacturer wants to cut 3,000 jobs, SAP boss Christian Klein announced on Thursday.
In Germany, 200 employees are affected, it said.
In the course of a "targeted restructuring program" one wants to focus more on the core business again in the future, said Klein.
SAP is the world market leader in so-called ERP software for controlling companies.