back to article Job cuts klaxon: SAP axes 2,200 staff, denies 'cost cutting' to blame

Europe’s largest software firm is reportedly cutting up to three per cent of its workforce. SAP’s HR chief Stefan Ries has told Bloomberg the enterprise giant is cutting 2,000 staff. The firm's total headcount is 74,406. Its chief executive Bill McDermott announced its second round of job cuts in less than a year. When …

  1. Chris Miller

    'We are in growth mode'

    By 'growth', I assume they're referring to the remuneration of the CxOs and the board?

  2. earl grey
    Thumb Down

    they're just cutting out the old growth

    Typical wankers. Get rid of as many of the older, more experienced (and hence more expensive) folks at the bottom end of the chain.... well, get rid of as many as you can and avoid payouts for age discrimination...

  3. JeffyPoooh
    Pint

    2200 staff?

    That's just the number of SAP folks working in the Tiny Inscrutible Icons Dept.

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon

Other stories you might like