SAP will reduce more than 2,200 jobs related to areas in which the company sees no future, but new jobs will be created in cloud-related divisions where SAP sees great potential.
Restructuring of the company will affect 3 percent of the number of employees of SAP. Employees will be offered a dismissal or the opportunity to work in other divisions of the company.
It is not known which areas will be affected by the reduction, as the company still has to communicate its plans to the employees.
According to the company, cuts are necessary to guarantee a solid financial fund for the company. Despite the cuts, the company will still expand its workforce.