{"id":1278165,"date":"2024-01-25T12:36:07","date_gmt":"2024-01-25T07:06:07","guid":{"rendered":"https:\/\/trak.in\/stories\/?p=1278165"},"modified":"2024-01-25T12:36:27","modified_gmt":"2024-01-25T07:06:27","slug":"8000-employees-in-sap-will-be-asked-to-leave-or-change-job-profile-due-to-increased-ai-usage","status":"publish","type":"post","link":"https:\/\/trak.in\/stories\/8000-employees-in-sap-will-be-asked-to-leave-or-change-job-profile-due-to-increased-ai-usage\/","title":{"rendered":"8000 Employees In SAP Will Be Asked To Leave Or Change Job Profile Due To Increased AI Usage"},"content":{"rendered":"\n

German enterprise software major SAP announced restructuring plans targeting voluntary attrition or role changes for nearly 8000 employees<\/a> in 2024. This represents over 7% of SAP’s current workforce of over 108,000 as per latest figures.<\/p>\n\n\n\n

\"8000<\/figure>\n\n\n\n

However, SAP stated that overall headcount by year-end should remain broadly similar after the rejig meant to accelerate growth. Last year, SAP had let go off 3000 workers in a realignment effort.<\/p>\n\n\n\n

Sharpened Cloud and AI Focus<\/strong><\/p>\n\n\n\n

SAP aims to strategically reposition itself with a sharper focus on cloud solutions and AI-driven offerings. This as Q4 revenues rose 5% annually led by a 44% jump in cloud which now accounts for over 40% of total sales.<\/p>\n\n\n\n

CEO Christian Klein has been steering SAP’s transformation agenda since taking over the reins in 2020 after an over 2-decade stint at the company. Key targets include boosting agility, strengthening customer orientation and driving mass cloud migration from legacy on-premise installations.<\/p>\n\n\n\n

Elevated Profit Outlook on Efficiency Gains<\/strong><\/p>\n\n\n\n

While lowering its 2025 adjusted operating profit estimate by 2 billion euros due to higher share-based compensation, SAP raised its profit guidance by 500 million based on efficiencies and cost optimization from the pending revamp.<\/p>\n\n\n\n

Themove comes amid a spate of layoffs across the global tech sector driven by funding winter, inflation concerns and anticipated slowdown in enterprise IT spending. But SAP stock jumped nearly 5% as analysts welcomed the profitability focus for long-term competitiveness.<\/p>\n\n\n\n

After surging 50% in 2022, SAP share price continues its upward momentum in 2023 as well based on promising cloud transformation progress under Klein’s stewardship.<\/p>\n","protected":false},"excerpt":{"rendered":"

German enterprise software major SAP announced restructuring plans targeting voluntary attrition or role changes for nearly 8000 employees in 2024. This represents over 7% of SAP’s current workforce of over 108,000 as per latest figures. However, SAP stated that overall headcount by year-end should remain broadly similar after the rejig meant to accelerate growth. Last […]<\/p>\n","protected":false},"author":30,"featured_media":1278166,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[4491,720],"class_list":["post-1278165","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-8000-employees","tag-sap"],"acf":[],"yoast_head":"\n8000 Employees In SAP Will Be Asked To Leave Or Change Job Profile Due To Increased AI Usage - Trak.in - Indian Business of Tech, Mobile & Startups<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trak.in\/stories\/8000-employees-in-sap-will-be-asked-to-leave-or-change-job-profile-due-to-increased-ai-usage\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"8000 Employees In SAP Will Be Asked To Leave Or Change Job Profile Due To Increased AI Usage - Trak.in - Indian Business of Tech, Mobile & Startups\" \/>\n<meta property=\"og:description\" content=\"German enterprise software major SAP announced restructuring plans targeting voluntary attrition or role changes for nearly 8000 employees in 2024. This represents over 7% of SAP’s current workforce of over 108,000 as per latest figures. However, SAP stated that overall headcount by year-end should remain broadly similar after the rejig meant to accelerate growth. Last […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/trak.in\/stories\/8000-employees-in-sap-will-be-asked-to-leave-or-change-job-profile-due-to-increased-ai-usage\/\" \/>\n<meta property=\"og:site_name\" content=\"Trak.in - Indian Business of Tech, Mobile & Startups\" \/>\n<meta property=\"article:published_time\" content=\"2024-01-25T07:06:07+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-01-25T07:06:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2024\/01\/Untitled-design-18-2.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"465\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mohul Ghosh\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mohul Ghosh\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/trak.in\/stories\/8000-employees-in-sap-will-be-asked-to-leave-or-change-job-profile-due-to-increased-ai-usage\/\",\"url\":\"https:\/\/trak.in\/stories\/8000-employees-in-sap-will-be-asked-to-leave-or-change-job-profile-due-to-increased-ai-usage\/\",\"name\":\"8000 Employees In SAP Will Be Asked To Leave Or Change Job Profile Due To Increased AI Usage - Trak.in - Indian Business of Tech, Mobile & Startups\",\"isPartOf\":{\"@id\":\"https:\/\/trak.in\/stories\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/trak.in\/stories\/8000-employees-in-sap-will-be-asked-to-leave-or-change-job-profile-due-to-increased-ai-usage\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/trak.in\/stories\/8000-employees-in-sap-will-be-asked-to-leave-or-change-job-profile-due-to-increased-ai-usage\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2024\/01\/Untitled-design-18-2.jpeg\",\"datePublished\":\"2024-01-25T07:06:07+00:00\",\"dateModified\":\"2024-01-25T07:06:27+00:00\",\"author\":{\"@id\":\"https:\/\/trak.in\/stories\/#\/schema\/person\/5092a7d2906e3f3c819643435477c2a7\"},\"breadcrumb\":{\"@id\":\"https:\/\/trak.in\/stories\/8000-employees-in-sap-will-be-asked-to-leave-or-change-job-profile-due-to-increased-ai-usage\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/trak.in\/stories\/8000-employees-in-sap-will-be-asked-to-leave-or-change-job-profile-due-to-increased-ai-usage\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/trak.in\/stories\/8000-employees-in-sap-will-be-asked-to-leave-or-change-job-profile-due-to-increased-ai-usage\/#primaryimage\",\"url\":\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2024\/01\/Untitled-design-18-2.jpeg\",\"contentUrl\":\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2024\/01\/Untitled-design-18-2.jpeg\",\"width\":1000,\"height\":465},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/trak.in\/stories\/8000-employees-in-sap-will-be-asked-to-leave-or-change-job-profile-due-to-increased-ai-usage\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/trak.in\/stories\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"8000 Employees In SAP Will Be Asked To Leave Or Change Job Profile Due To Increased AI Usage\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/trak.in\/stories\/#website\",\"url\":\"https:\/\/trak.in\/stories\/\",\"name\":\"Trak.in - Indian Business of Tech, Mobile & Startups\",\"description\":\"Trak.in is a popular Indian Business, Technology, Mobile & Startup blog featuring trending News, views and analytical take on Technology, Business, Finance, Telecom, Mobile, startups & Social Media Space\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/trak.in\/stories\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/trak.in\/stories\/#\/schema\/person\/5092a7d2906e3f3c819643435477c2a7\",\"name\":\"Mohul Ghosh\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/trak.in\/stories\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/66c129d83dd3f325a3b550eb1aa16891173ddfc4686361424206cd9a01311c89?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/66c129d83dd3f325a3b550eb1aa16891173ddfc4686361424206cd9a01311c89?s=96&d=mm&r=g\",\"caption\":\"Mohul Ghosh\"},\"url\":\"https:\/\/trak.in\/stories\/author\/mohul-ghosh\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"8000 Employees In SAP Will Be Asked To Leave Or Change Job Profile Due To Increased AI Usage - Trak.in - Indian Business of Tech, Mobile & Startups","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/trak.in\/stories\/8000-employees-in-sap-will-be-asked-to-leave-or-change-job-profile-due-to-increased-ai-usage\/","og_locale":"en_US","og_type":"article","og_title":"8000 Employees In SAP Will Be Asked To Leave Or Change Job Profile Due To Increased AI Usage - Trak.in - Indian Business of Tech, Mobile & Startups","og_description":"German enterprise software major SAP announced restructuring plans targeting voluntary attrition or role changes for nearly 8000 employees in 2024. This represents over 7% of SAP’s current workforce of over 108,000 as per latest figures. However, SAP stated that overall headcount by year-end should remain broadly similar after the rejig meant to accelerate growth. Last […]","og_url":"https:\/\/trak.in\/stories\/8000-employees-in-sap-will-be-asked-to-leave-or-change-job-profile-due-to-increased-ai-usage\/","og_site_name":"Trak.in - Indian Business of Tech, Mobile & Startups","article_published_time":"2024-01-25T07:06:07+00:00","article_modified_time":"2024-01-25T07:06:27+00:00","og_image":[{"width":1000,"height":465,"url":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2024\/01\/Untitled-design-18-2.jpeg","type":"image\/jpeg"}],"author":"Mohul Ghosh","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Mohul Ghosh","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/trak.in\/stories\/8000-employees-in-sap-will-be-asked-to-leave-or-change-job-profile-due-to-increased-ai-usage\/","url":"https:\/\/trak.in\/stories\/8000-employees-in-sap-will-be-asked-to-leave-or-change-job-profile-due-to-increased-ai-usage\/","name":"8000 Employees In SAP Will Be Asked To Leave Or Change Job Profile Due To Increased AI Usage - Trak.in - Indian Business of Tech, Mobile & Startups","isPartOf":{"@id":"https:\/\/trak.in\/stories\/#website"},"primaryImageOfPage":{"@id":"https:\/\/trak.in\/stories\/8000-employees-in-sap-will-be-asked-to-leave-or-change-job-profile-due-to-increased-ai-usage\/#primaryimage"},"image":{"@id":"https:\/\/trak.in\/stories\/8000-employees-in-sap-will-be-asked-to-leave-or-change-job-profile-due-to-increased-ai-usage\/#primaryimage"},"thumbnailUrl":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2024\/01\/Untitled-design-18-2.jpeg","datePublished":"2024-01-25T07:06:07+00:00","dateModified":"2024-01-25T07:06:27+00:00","author":{"@id":"https:\/\/trak.in\/stories\/#\/schema\/person\/5092a7d2906e3f3c819643435477c2a7"},"breadcrumb":{"@id":"https:\/\/trak.in\/stories\/8000-employees-in-sap-will-be-asked-to-leave-or-change-job-profile-due-to-increased-ai-usage\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/trak.in\/stories\/8000-employees-in-sap-will-be-asked-to-leave-or-change-job-profile-due-to-increased-ai-usage\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/trak.in\/stories\/8000-employees-in-sap-will-be-asked-to-leave-or-change-job-profile-due-to-increased-ai-usage\/#primaryimage","url":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2024\/01\/Untitled-design-18-2.jpeg","contentUrl":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2024\/01\/Untitled-design-18-2.jpeg","width":1000,"height":465},{"@type":"BreadcrumbList","@id":"https:\/\/trak.in\/stories\/8000-employees-in-sap-will-be-asked-to-leave-or-change-job-profile-due-to-increased-ai-usage\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/trak.in\/stories\/"},{"@type":"ListItem","position":2,"name":"8000 Employees In SAP Will Be Asked To Leave Or Change Job Profile Due To Increased AI Usage"}]},{"@type":"WebSite","@id":"https:\/\/trak.in\/stories\/#website","url":"https:\/\/trak.in\/stories\/","name":"Trak.in - Indian Business of Tech, Mobile & Startups","description":"Trak.in is a popular Indian Business, Technology, Mobile & Startup blog featuring trending News, views and analytical take on Technology, Business, Finance, Telecom, Mobile, startups & Social Media Space","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/trak.in\/stories\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/trak.in\/stories\/#\/schema\/person\/5092a7d2906e3f3c819643435477c2a7","name":"Mohul Ghosh","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/trak.in\/stories\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/66c129d83dd3f325a3b550eb1aa16891173ddfc4686361424206cd9a01311c89?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/66c129d83dd3f325a3b550eb1aa16891173ddfc4686361424206cd9a01311c89?s=96&d=mm&r=g","caption":"Mohul Ghosh"},"url":"https:\/\/trak.in\/stories\/author\/mohul-ghosh\/"}]}},"jetpack_featured_media_url":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2024\/01\/Untitled-design-18-2.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/posts\/1278165","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/users\/30"}],"replies":[{"embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/comments?post=1278165"}],"version-history":[{"count":1,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/posts\/1278165\/revisions"}],"predecessor-version":[{"id":1278167,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/posts\/1278165\/revisions\/1278167"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/media\/1278166"}],"wp:attachment":[{"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/media?parent=1278165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/categories?post=1278165"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/tags?post=1278165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}