Skip to content
EconomyNewsSAP

A large number of SAP personnel are keen to depart.

Team's proposition proves successful

SAP stated that it had anticipated a high level of interest in the severance and early retirement...
SAP stated that it had anticipated a high level of interest in the severance and early retirement program.

A large number of SAP personnel are keen to depart.

The software business, SAP, plans to alter its structure and is offering advantageous incentives for its employees to exit the organization. Numerous employees have indicated a desire to leave, but too many won't be able to accomplish this.

As per "Handelsblatt," almost 5,300 German SAP employees have enrolled in the severance and early retirement program. This is a sizable figure, considering a reported 2,600 positions in Germany were initially slated to be terminated.

A representative for SAP in Walldorf decline to discuss the current numbers. "Due to the intrigue of both plans, we've witnessed high demand, as anticipated." Nonetheless, just a fraction of these employees will be permitted to depart, since the corporation can rebuff a severance offer to guard against losing essential expertise.

SAP initiated a corporate reorganization at the start of the year to ready itself for the AI age. Approximately 8,000 of its more than 105,000 positions globally are affected, per company declarations. Nevertheless, fresh job openings in future-focused zones will allow the overall workforce to remain unchanged.

In April, during the presentation of the financial results, CFO Dominik Assam highlighted the uncertainty surrounding whether the €2.2 billion expenses would cover the cost of the reorganization. The decision depends on the number of colleagues who will take the severance deals.

Read also:

Comments

Latest