SAP has announced that it will be cutting 3,00 jobs. This cut represents 2.5% of its total workforce.
The Associated Press is reporting that SAP is considering selling Qualtrics, a business software provider, only 4 years after purchasing the organization.
According to Reuters, Luka Mucic, CFO for SAP, told journalists, “We expect only a moderate cost saving impact for 2023, and a more pronounced one in 2024, about 300 million euros to 350 million in run rate savings as of 2024.”
Protecting electrical controls and equipment within food and beverage plants presents unique challenges due to the sanitation requirements of the hygienic environment.