SAP became the latest tech giant to announce significant layoffs, with plans to cut up to 3,000 jobs, or about 2.5% of its workforce.
said Thursday that it will be cutting up to 3,000 jobs, or about 2.5% of its workforce, becoming the latest tech giant to announce significant layoffs.
"For the full year, we met our guidance across the board with our cloud revenue rising 24%, up five percentage points from 2021," he said. In Nov. 2018, SAP acquired American business software provider Qualtrics for $8 billion. Qualtrics subsequently went public two years later.
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