According to a media report, SAP needs to chop 2,600 jobs in Germany | EUROtoday

Stand: 06.04.2024 | Reading time: 2 minutes

DAccording to a newspaper report, the software program producer SAP is anticipated to chop 2,600 jobs in Germany as a part of its introduced main restructuring. A spokesman for the group didn’t touch upon the particular determine on Saturday, which emerged from a report within the “Handelsblatt”. So far there has solely been discuss of a complete of 8,000 jobs being affected by the restructuring.

“SAP launched a restructuring program for the entire company in January to focus on strategic growth areas such as Business AI,” stated the spokesman. (AI stands for Artificial Intelligence).

“This restructuring affects 8,000 jobs. We treat the affected employees with the greatest care and empathy by offering them, among other things, internal job alternatives or volunteer programs.” There is shut cooperation with the social companions within the respective areas. Most affected workers will subsequently be notified within the subsequent few weeks.

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The “Handelsblatt” referred to an inside e-mail from SAP’s European works council. The committee subsequently criticizes the deliberate main renovation as a measure that’s primarily supposed to scale back prices.

„Next Level Transformation“

The email states that “management did not adequately justify the business logic and did not provide accurate information about inefficiencies,” the newspaper writes. The program title “Next Level Transformation” is a euphemism for workforce reductions.

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According to the report, jobs may even be reduce in different European nations. Around 4,100 jobs ought to be eradicated within the space of ​​​​accountability of the European works council.

As the SAP spokesman introduced, Europe's largest software program developer plans to finish the complete restructuring course of worldwide by the top of the primary quarter of 2025. “At the same time, we will continue to invest in key growth areas and expect to end 2024 with stable employee numbers.”

The hype surrounding synthetic intelligence within the software program business was sparked final yr by the discharge of the ChatGPT dialog system. Since then, all software program firms have wished a bit of the hoped-for massive cake and are investing some huge cash within the expertise.