#311 on the board

SAP

CompanyMinor issues58/100medium confidence · 5 issues

1 opposed2 mixed2 supported

Receipts

Against

Flagged on

📉Layoffs×1

Enterprise resource planning (ERP) software. German multinational.

IndustryEnterprise SoftwareFounded1972Headcount107,000+sap.com

Key stats

Total Layoffs

8,000

Last: Jan 2024

The receipts (5)

Opposed📉LayoffsJan 2024

Announced 8,000 job cuts in January 2024 as part of AI-focused restructuring. Cutting traditional roles while hiring AI specialists.

News✓ VerifiedShare ↗

Mixed👷Worker TreatmentJan 2024

SAP 8,000 layoffs for AI restructuring. German worker protections. Better than US peers.

Company Website✓ VerifiedShare ↗

Supported🌈DEIJan 2024

German diversity requirements maintained. Strong European-style worker protections. Published sustainability and diversity reports.

Company Website✓ VerifiedShare ↗

Mixed🇵🇸PalestineJan 2024

SAP Israel operations. Provides ERP to Israeli companies including defense contractors. No public stance on conflict.

Company Website✓ VerifiedShare ↗

Supported🤖AI EthicsJan 2024

SAP enterprise AI. German company. More regulated European AI approach.

Company Website✓ VerifiedShare ↗

The numbers (1)

📉LayoffsJan 2024

8,000 roles restructured

SAP announced restructuring affecting 8,000 positions in January 2024 as part of EUR 2B transformation toward AI. Most through voluntary leave and retraining.

8,000 affected(7% of workforce)

$2.0B

Source:News✓ Verified