SAP to cut up to 2,500 jobs worldwide

May 18, 2014 11:49 am

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, Reuters has reported, citing an unnamed source. 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. “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 the news service, adding that the cuts would affect all regions and areas.