SAP to restructure 8000 jobs in push towards AI

By

Also forecasts cloud revenue growth.

SAP to restructure 8000 jobs in push towards AI
Shares of SAP SE jumped seven percent to an all-time high after the German software firm forecast growth in cloud revenue and said it will restructure roles for 8000 jobs to focus on growth in artificial intelligence (AI)-driven business areas. The company said it will spend 2 billion euros ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

ING Bank Australia cuts days off rate renegotiation, loan top-ups

ING Bank Australia cuts days off rate renegotiation, loan top-ups

Veterans' Affairs trials AI-enabled search

Veterans' Affairs trials AI-enabled search

Grant Thornton consolidates 60TB of Microsoft 365 data into Veeam

Grant Thornton consolidates 60TB of Microsoft 365 data into Veeam

NSW government unveils new Office for AI

NSW government unveils new Office for AI

Log In

  |  Forgot your password?