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

NAB finds legal limits for GenAI in fight against financial crime

NAB finds legal limits for GenAI in fight against financial crime

BHP taps Azure to keep to its ERP transformation timeline

BHP taps Azure to keep to its ERP transformation timeline

Bendigo and Adelaide Bank uses GenAI, MongoDB to refactor application

Bendigo and Adelaide Bank uses GenAI, MongoDB to refactor application

Westpac sets "aggressive" target for automated tech controls tests

Westpac sets "aggressive" target for automated tech controls tests

Log In

  |  Forgot your password?