SAP to cut between 1,500-2,500 jobs as cloud takes over
STUTTGART, Germany (Reuters) - German software company SAP is planning to cut between 1,500 and 2,500 jobs as software programmes switch to the cloud, meaning fewer onsite staff are required, a source said on Thursday. SAP, which employs a total of around 67,000 people, had said on Wednesday that there would be targeted job cuts, but declined to say how many. A company spokesman declined to comment on Thursday. "The number is not yet definite and there are still checks being made as to whether…See More
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