View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
  2. Networks
March 6, 2015

SAP to axe over 2,000 jobs

Cuts come as company looks to re-focus resources.

By James Nunns

SAP, the largest software maker in Europe, is announcing job cuts to 3% of its 75,000 strong workforce.

The job cuts are expected to be administered worldwide and will account for around 2,200 positions. The move comes as the company looks to focus growth in areas such as its cloud business.

According to SAP‘s chief of human resources, Stefan Ries: "It’s not about cost savings but rather being fit for the future."

Despite the announcement of job cuts, SAP have said that they expect to create as many new jobs due to growth in cloud and other areas of the business.

Ries, said: "In principle this is a continuation of the (company’s response to) changes in market circumstances."

The job cuts see SAP looking to strengthen in other areas where they see both the future of the company and in order to fend off competition from the likes of Salesforce.

Content from our partners
Rethinking cloud: challenging assumptions, learning lessons
DTX Manchester welcomes leading tech talent from across the region and beyond
The hidden complexities of deploying AI in your business

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.