Banking And InsuranceCryptocurrencyDigital MarketingErpFood And BeveragesHealthcareLegalMarketing And AdvertisingMedia And EntertainmentMetals And MiningOil And GasRetailTelecom
Artificial IntelligenceBig DataCloudCyber SecurityE CommerceEducationGaming And VfxIT ServiceMobileNetworkingSAPScience And TechnologySecuritySoftwareStorage
CiscoDatabaseGoogleIBMJuniperM2MMicrosoftOracleOracleRed Hat
CEO ReviewCompany Review

The Silicon Review Asia

SAP Is Up To a Company-Wide Restructuring, Will Have a Marginal Impact on India Operations

SAP Is Up To a Company-Wide Restructuring, Will Have a Marginal Impact on India Operations

The global restructuring of SAP SE will affect its India operations as well as result in the loss of jobs of around 4,400 employees. The number of people working at SAP India comes to around 11,000 including the 7,500 odd engineers at its R&D labs.

India has always proven to be an important market for SAP to take its business software forward on the cloud. However, SAP is also supporting many smaller teams working on legacy software for its clients. As affirmed by a SAP India representative, the restructuring will have a marginal effect on India but there’s no information regarding the specific numbers.

SAP made an announcement saying that it is anticipating a significant number of departures ready to happen in Germany and the U.S. Likewise departures too can be expected across the rest of Europe and the rest of the Americas, Africa, Asia and Australia. The firm now intends to provide early retirement in Germany, US, France and Canada, as well as voluntary redundancy programs in Germany and various other countries. The restructuring will save nearly $ 1 bilion.

Earlier in 2015, SAP had done a similar restructuring, but it could see a bigger activity to repeat that this year. SAP Labs, with its employee strength of 7500, plays an important role in the company’s global software development and innovation functions.

Luka Mucic, SAP SE’s chief financial officer, said that the objectives behind restructuring the firm this year is to further simplify the structures and processes as well as to ensure that the resource allocation is done taking the right mix of skills and qualifications that matches its strategic growth areas.


Marketing Partnership: NBA, McDonald’s Will Jointly open NBA Experience Zones India

There is good news for all basketball fans in India. Very soon, NBA themed promotions and experience zones will be launched in India. The announcement...

Dunzo to Raise Funds from Google, others

Dunzo, the app which is trying to make life easier for the people upto some extent plans to raise about Rs. 183 crore from different investors which a...

Sapta Shakti Command Will Be Displaying Defence Technology Equipment at Jaipur Military Station

This event is organised with an aim to provide an opportunity where one and all can experience the developments in the field of defence and security-r...

Samsung is All Set to Roll out Its Galaxy A9 Smartphone On November 20

After Samsung unveiled its new Galaxy A9 smartphone in Singapore last month, the company is all set to launch it in India on November 20. In Singapore...