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

Add iTnews as your trusted source

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

Most Read Articles

NAB deploys AI for staff called 'Ruby' that is built on Anthropic

NAB deploys AI for staff called 'Ruby' that is built on Anthropic

ANZ stands up an 'enterprise AI control plane'

ANZ stands up an 'enterprise AI control plane'

Qantas taps Accenture for major IT and data modernisation

Qantas taps Accenture for major IT and data modernisation

Gov proposes AI safety regulator

Gov proposes AI safety regulator

Log In

  |  Forgot your password?