As part of its restructuring, the software company SAP apparently wants to cut 2,600 jobs in Germany. This is reported by the “Handelsblatt” and refers to internal company information.
The planned restructuring at the German software giant SAP will cost thousands of jobs in Germany alone. As the “Handelsblatt” reports, 2,600 jobs will be eliminated. The newspaper cites an internal email from the European SAP Works Council to employees. 8,000 jobs will be cut worldwide, 4,100 of them in Europe.
According to the report, the works council criticizes the restructuring as a cost-cutting measure. Management did not adequately justify the business logic and did not provide accurate information about inefficiencies. SAP said most affected employees would be informed in the coming weeks. The process should be completed by the end of the first quarter of 2025.
Overall number of employees is probably constant
The plans of the company’s top management come as no surprise. At the end of January, SAP CEO Christian Klein said that around 8,000 of the more than 105,000 jobs would be affected by the corporate restructuring. A year earlier, he had already put the expected job cuts in Germany at around 3,000.
The background is an increased use of artificial intelligence (AI). At the same time, Europe’s largest software house is investing additional money in this technology. Since hiring is taking place in promising areas at the same time, the total number of employees is expected to remain the same, said Klein. At the time, SAP estimated the cost of the conversion at around two billion euros.