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Read previewSAP will offer buyouts or different roles to about 8,000 workers in a restructuring plan related to the rapid rise of artificial intelligence.
The new plan comes as SAP reported better-than-expected earnings, with revenue for its key cloud business expected to rise by about a quarter.
SAP has been trying to incorporate AI solutions into its products, and has also invested about $1 billion in AI enterprise startups.
It joins the slew of big tech companies, including Google and Microsoft, in making changes to their workforce following the rapid rise of AI.
Persons:
—, Christian Klein
Organizations:
Service, Business, SAP, Staff, Google, Microsoft