SAP to cut between 1,500-2,500 jobs as cloud takes over

STUTTGART Germany Thu May 15, 2014 11:44pm IST

Logo of German company SAP is pictured at the CeBit computer fair in Hanover, March, 6, 2012. REUTERS/Fabian Bimmer/Files

Logo of German company SAP is pictured at the CeBit computer fair in Hanover, March, 6, 2012.

Credit: Reuters/Fabian Bimmer/Files

Related Topics

Stocks

   

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 positions overlap or are unnecessary," the person with knowledge of the matter told Reuters, adding that the cuts would affect all regions and areas.

However, SAP also plans to create about 3,000 new jobs this year, leading to a net increase in staff, the source said.

Cloud computing allows businesses to reduce their costs by ditching bulky servers for network-based software in their own offices and using remote data centres run by technology companies such as SAP.

(Reporting by Ilona Wissenbach; Writing by Victoria Bryan; Editing by Philipp Halstrick and Elaine Hardcastle)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

GROUP OF 20

REUTERS SHOWCASE

Modi Speaks

Modi Speaks

PM Modi says al Qaeda will fail in India - CNN.  Full Article 

Alibaba Listing

Alibaba Listing

Alibaba surges on massive demand in trading debut  Full Article 

Importing Rice

Importing Rice

Top rice exporter India importing over 100,000 T on temporary supply squeeze.  Full Article 

GSK Fined

GSK Fined

China hands drugmaker GSK record $489 mln fine, sentences executives.  Full Article 

HMT in Demand

HMT in Demand

Fans rush to HMT as watchmaker marks time.  Full Article 

Apple Not Cool?

Apple Not Cool?

Some consumers say Apple is losing its "cool" factor  Full Article 

Asian Games 2014

Asian Games 2014

Full coverage of the 17th Asian Games as Incheon.  Full Coverage 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage