Tag: redundancies

Rain falls in cloud as NetApp cuts workforce

Posted on September 1, 2020 by - News

Hybrid cloud data services firm NetApp has revealed it has cut its workforce by almost six percent and said it will “narrow its business focus”.

NetApp said it was “realigning resources and investments” capture opportunities and “position the company for long-term success”.

“We continue to sharpen our focus on markets where we have both a significant presence and clear competitive advantage, specifically with our storage software and systems and cloud data services”, NetApp rationalised.

SAP slashes jobs

Posted on March 6, 2015 by - News

sapbeerSoftware giant SAP said it will cut around three percent of its employees worldwide but added that it would create different jobs as it struggles to get up to speed on cloud computing.

The job cuts include SAP offering some employees early retirement, and won’t make forced redundancies in its European offices.

SAP has around 75,000 workers worldwide.

The company is struggling to compete with up to date cloud based companies including Workday and Salesforce and is working to beat the competition.

Reuters said that SAP will create new job opportunities in the cloud business, the database Hana and the expenses software Concur – it paid over $7 billion for Concur in 2014.