SAP India denies the layoff of 1,000 contract workers

According to ITExaminer: “SAP India has vociferously denied a report in the Financial Chronicle claiming the company plans to lay off over 1,000 company contract workers.”

“No layoffs, as are being reported, have been planned thus far; we are conducting a detailed evaluation on the basis of our business requirements and will realign all our resources to optimize operational efficiencies”.

However, SAP admitted that it had taken a “series of prudent and appropriate steps to assure cost-efficient operations of the company during this period of economic uncertainty”.

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