EMCC European Monitoring Centre on Change

SAP

Company/Organisation:
SAP

Geographic Location

Country: World

Company

Sector: Information / communication
IT and other information services
62 - Computer programming, consultancy and related activities
Number Employed: 75000

Employment Effects

Announcement Date: 06-03-2015
Planned Job Reductions min: 2250
Type of Restructuring: Internal restructuring
Employment Effect Start: 06-03-2015
Foreseen End Date: 31-12-2015
Planned Job Creation: 2200

Additional Information

German multinational software company SAP has announced plans to cut 2,250 jobs worldwide. According to German media reports, the company’s European sites will be disproportionately affected by the cuts, with approximately 1,600 of 30,000 jobs in Europe to be lost. SAP excludes involuntary redundancies in Europe. Works council representatives report that 700 employees are to take early retirement, while 900 are expected to take voluntary redundancy; SAP refused to comment on these numbers. Five divisions will reportedly be subject to cuts, including product & innovation and global service & support.

SAP is to simultaneously create approximately 2,200 jobs in growth areas.

The cuts follow a similar reduction in 2014 as the company reorients its business towards web-delivered software.