It was reported that, SAP SE (SAPG.DE) is cutting 2,250 jobs which is 3 percent of their global workforce. But the company also confirmed that they will be recreating the similar amount of jobs in the expanding part of their company.
The company said they are going forward with their plan to sell their products via internet. It was previously reported that the company has reduced the similar amount of jobs last year. SAP is Europe`s largest software company and they have 75,000 workers worldwide.
In a statement SAP`s Chief of Human Resource Stefan Ries said, “In principle this is a continuation of the (company’s response to) changes in market circumstances”. The company said these are not cost cutting measures for the company, they are just trying to re-focus their business and keep up with recent trends.
In the statement Ries also said, they have created 2,200 jobs this year in their cloud business section. They said they are also focusing on their growth areas like memory database Hana & Concur, the newly acquired Expenses Software maker, for whom they paid $7.3 billion last year.
The company said, they are trying to rebrand their core software line. They are trying to assure their major corporate consumers with their new line of software. The software business insiders said, the big software companies like SAP are trying to increase their software sales via internet. On the other hand they are also trying to fight for market share with cloud-based companies like Salesforce.com (CRM.N) and Workday (WDAY.N).
Business lawyers said, SAP workers in Europe make use of the voluntary leave arrangement. But it was said that in addition to that the workers in Germany, France, U.K., and U.S.A. have to offer early retirement. The company said they don’t want to use the forced redundancies in Europe.
