German software giant SAP plans restructuring to boost AI development

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DPA

German software giant SAP is launching a major reorganization of its artificial intelligence (AI) business, with around 8,000 employees affected by the plan, the company announced late on Tuesday. The company, based in the town of Walldorf in south-western Germany, cut 3,000 jobs around a year ago in order to streamline its organization and focus more on its core business of software for corporate management. “With the planned transformation programme, we are increasingly shifting investments to strategic growth areas, primarily AI,” said SAP chief executive Christian Klein. “This will allow u…

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