SAP to restructure 8000 jobs in push towards AI

By
Follow google news

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

Add iTnews as your trusted source

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

Most Read Articles

Services Australia describes fraud, debt-related machine learning use cases

Services Australia describes fraud, debt-related machine learning use cases

Fed gov faces major M365 licensing change

Fed gov faces major M365 licensing change

Great Southern Bank poised to reveal first AI agents

Great Southern Bank poised to reveal first AI agents

Melbourne Airport calls in AI agents for incident response

Melbourne Airport calls in AI agents for incident response

Log In

  |  Forgot your password?