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SAP plans layoffs and selloff with cloud revenue up but profit down

January 26, 2023

Via: CIO

SAP’s revenue rose 11% in 2022 with the cloud component of that climbing 33%, but net income dropped 68%, prompting restructuring and layoffs in its CRM activities. The company is also exploring selling its majority stake in Qualtrics, the experience […]

Tag: CRM activities

SAP plans layoffs and selloff with cloud revenue up but profit down

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SAP plans layoffs and selloff with cloud revenue up but profit down

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Latest Publications

SAP users are at high risk as hackers exploit application vulnerabilities

Security flaw in top SSH client could let hackers recover cryptographic private keys

Qdrant offers managed vector database for hybrid clouds