The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Information / Communication Computer Programming, Consultancy And Related Activities Computer Programming, Consultancy And Related Activities 62 - Computer programming, consultancy and related activities
1,000 - 4,000 jobs Number of planned job losses
150 jobs Number of planned job creations
Announcement Date
11 May 2017
Employment effect (start)
9 May 2017
Foreseen end date
31 December 2018
Description
The German software company SAP announced an internal reorganisation. The reorganisation will affect some 4,000 of the 14,600 employees of SAP globally, according to the general manager Klaus Merx. The available information on the reorganisation is limited, but previous estimates expect some 1,000 employees to make use of the voluntary redundancy scheme that has been put in place for the reorganisation. A further 3,000 jobs are now said to be cut. SAP itself has not responded to the news. Moreover, SAP announced the creation of 150 jobs in Ireland by the end of 2018.
Sources
11 May 2017: welt 24
8 May 2017: siliconrepublic
11 May 2017: bild.de
10 May 2017: WirtschaftsWoche
Citation
Eurofound (2017), SAP, Internal restructuring in World, factsheet number 91063, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/91063.
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