Germany’s top tech firm to slash workforce – media

SAP plans to cut 14% of staff in Germany, while focusing on artificial intelligence for future growth

Germany’s leading software company, SAP, is planning a drastic reduction in its workforce, financial newspaper Handelsblatt reported on Monday, citing sources in the company.

Around 3,500 out of 25,000 employees in Germany are expected to sign early retirement agreements, the paper said.

This move is part of the company’s “Next...