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January 28, 2009

SAP cutting 3,000 jobs worlwide

Filed under: Asia,Germany,India,SAP,Technology,US,worldwide — DF @ 11:19 am
Tags: , ,

SAP AG said Wednesday it will cut a little more than 3,000 jobs in response to the worldwide economic downturn.

The Walldorf, Germany-based software giant said it will reduce its work force to 48,500 by the end of the year, down from 51,536 at the end of last year. The cuts will enable it to save 300 million to 350 million euros a year starting in 2010, SAP said.

Source: Philadelphia Business Journal

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