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SAP unveils restructuring plan affecting 8,000 employees
short by Pragya Swastik / on Wednesday, 24 January, 2024
German software company SAP has announced a €2 billion restructuring plan covering 8,000 roles. "The majority of the approximately 8,000 affected positions are expected to be covered by voluntary leave programs and internal re-skilling measures," SAP said. The company said it plans the restructuring to help better focus on key growth areas such as Business AI.
read more at Reuters