SAP would cut more than 3000 jobs this year
January 28th, 2009 Leave a comment Visited 30 times, 1 so far today
SAP would cut more than 3000 jobs this year
More job cuts announcement… this time from the German software giant SAP.
SAP has announced that they would be cutting more than 3000 jobs from their operations this year.
The company aims to save up to 350 million Euros through this cost cutting initiatives as the demand is low in the market.
SAP said that these job cuts would help them to adjust to the market conditions.
The company employs around 51000 workers around the world.
They have also not made any forecast for this year due to slowing down market conditions.
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