In the wake of strong earnings for fiscal year 2023, SAP is restructuring around AI — a move that’s expected to affect around 8,000 employees.
The restructuring will focus on growth areas, particularly SAP’s business AI capabilities, and is intended to set up future growth, the company said in a statement. Business AI at SAP refers to applications and AI models that have been trained on SAP-specific, business-relevant data.
The details of the company-wide restructuring have not been spelled out but will occur in 2024 to “ensure that SAP’s skill-set and resources continue to meet future business needs,” according to the company.
The company did not say if any of the 8,000 affected employees will be laid off but said the positions are…
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