The maker of expensive business software, which no one is sure what it does, SAP is implementing a company-wide restructuring this year, including job buyouts and job changes for up to 8,000 employees or more than seven per cent of the application giant’s workforce.
The restructuring is part of what SAP described as its “ambition for 2025” plan that increases its focus on “key strategic growth areas” – business AI in particular – and to “transform its operational setup to capture those difficult to hunt organisational synergies, AI-driven efficiencies and to prepare the company for highly scalable future revenue growth,” the company said in a statement.