SAP to Reduce More Than 2,000 Jobs in McDermott’s Second Cut
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SAP SE plans to cut about 2,200 positions, following a similar reduction last year as Europe’s biggest software company pivots its business toward less profitable applications delivered over the Internet to keep up with nimbler rivals.
The total number of jobs affected will amount to about 3 percent of SAP’s worldwide workforce of 74,000, according to personnel chief Stefan Ries. It’s uncertain how many jobs will go in the company’s home market of Germany.