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SAP to cut 3,000 jobs after profit plunges

wsj

2 min read . Updated: 26 Jan 2023, 05:32 PM IST William Boston, The Wall Street Journal

Finance chief Luka Mucic told reporters on Thursday that the job cuts would include layoffs and be spread across the company’s geographic footprint, with most of them happening outside the business-software company’s home base in Germany (Photo: AP) — Finance chief Luka Mucic told reporters on Thursday that the job cuts would include layoffs and be spread across the company’s geographic footprint, with most of them happening outside the business-software company’s home base in Germany (Photo: AP)

Software maker seeks buyer for Qualtrics customer, employee analysis unit

Software company SAP SE joined the ranks of tech companies announcing job cuts this year, saying it would shed up to 3,000 positions after a steep profit drop in late 2022.

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