German technology group SAP is planning a major restructuring that will affect 8,000 jobs worldwide. The bulk will be lost in Germany.
The company intends to focus more on cloud technology and artificial intelligence. However, employee representatives see the decision as merely a cost reduction. Germany is particularly affected by job cuts. 2,600 jobs will be lost in this country. Reductions are also planned in other European countries. Job cuts are done in part through voluntary measures such as early retirement and severance payments.
The European Works Council has already expressed strong criticism of management: “SAP appears to have made its decisions based only or primarily on costs, and not on the actual value that existing employees, teams and locations represent for our customers.”
In January 2023, SAP had already cut 3,000 jobs in order to focus more on its core business. To replace the jobs being eliminated, SAP plans to create new jobs primarily in non-European countries, especially in India. There are almost no alternatives for employees who want to retrain in Germany. Details of the job cuts are currently being negotiated with the social partners.
(source: SWR)
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