German software maker SAP plans to cut ~3,000 jobs in 2023, or 2.5% of its staff, and explore selling its remaining Qualtrics stake; SAP stock is down 12% YTD (Aggi Cantrill/Bloomberg)

by #AI January 26, 2023 · Automatic

Aggi Cantrill / Bloomberg:
German software maker SAP plans to cut ~3,000 jobs in 2023, or 2.5% of its staff, and explore selling its remaining Qualtrics stake; SAP stock is down 12% YTD — SAP SE is planning to cut about 3,000 jobs this year while exploring a sale of its remaining stake in Qualtrics International Inc …