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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

December 19, 2008

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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