EMCC European Monitoring Centre on Change

Software AG

Company/Organisation:
Software AG

Geographic Location

Country: Germany

Company

Sector: Information / communication
IT and other information services
62 - Computer programming, consultancy and related activities
Number Employed: 1140

Employment Effects

Announcement Date: 12-02-2004
Planned Job Reductions min: 164
Planned Job Reductions max: 164
Type of Restructuring: Internal restructuring

Additional Information

February 2004. Software AG is planning to suppress some 15 % of its workforce in the frame of its reorganisation in Germany. Software AG is employing some 1,140 people in Germany and 2,700 worldwide. Among other measures, the technical assistance will be relocated in India and the research and development department will have to focus more on the integration of different existing systems rather than on the creation of new systems. Negotiations taking place currently are concerning some 164 jobs.